Nairobi, November 26, 2007—IFC, a member of the World Bank Group, the African Development Bank (AfDB), the European Investment Bank (EIB), Germany’s development bank (KfW), and the development bank of France (AFD) have signed agreements to invest in the East African Submarine Cable System, a landmark fiber-optic cable project that will connect 21 African countries to each other and the rest of the world with high-quality Internet and international communications services. The cable will transform the telecommunications landscape in the region as it improves access for 250 million Africans and substantially reduces costs for consumers and businesses. Construction will begin in mid-December, and the cable, known as EASSy, is expected to be fully operational in time for the 2010 Soccer World Cup in South Africa. The cable will run 10,000 kilometers from the continent’s southern tip to the African horn, connecting South Africa, Mozambique, Madagascar, Tanzania, Kenya, Somalia, Djibouti, and Sudan. Another 13 adjoining countries will also be linked to the system as terrestrial backbone networks are completed through a broader World Bank Group initiative: these include Botswana, Burundi, the Central African Republic, the Democratic Republic of Congo, Chad, Ethiopia, Lesotho, Malawi, Rwanda, Swaziland, Uganda, Zambia, and Zimbabwe.
A short video (available in both English and French) on IFC and the World Bank’s efforts to connect East Africa can be found on www.worldbank.org/rcip/video.
A map showing the gap that the East African Submarine Cable System is filling can be downloaded at http://go.worldbank.org/GKHOFFDJB0. Use of the map is free of charge.
See
Press ReleaseSource:
EASSY