SEACOM broadband cable network expansion
Sector: Telecommunications • Location: Djibouti, Kenya, Mozambique, Rwanda, South Africa, Tanzania, Uganda
Source: World Bank Group
The project entails the expansion of SEACOM's broadband cable network and cloud-based product offering in sub-Saharan African countries of Djibouti, Kenya, Mozambique, Rwanda, South Africa, Tanzania and Uganda. SEACOM leverages cloud technology, its broadband submarine cable network, and fiber in major African cities. IFC is providing a $207 million long-term loan package, which includes $70 milli
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project entails the expansion of SEACOM's broadband cable network and cloud-based product offering in sub-Saharan African countries of Djibouti, Kenya, Mozambique, Rwanda, South Africa, Tanzania and Uganda. SEACOM leverages cloud technology, its broadband submarine cable network, and fiber in major African cities. IFC is providing a $207 million long-term loan package, which includes $70 million from IFC's own financing, $42.24 million co-financing mobilized from institutional investors through IFC's Managed Co-Lending Portfolio Program (MCPP), and $94.76 million equivalent mobilized from Nedbank Limited and Mauritius Commercial Bank. Financial close was achieved on 19 June, 2023. https://pressroom.ifc.org/all/pages/PressDetail.aspx?ID=27613 https://disclosures.ifc.org/project-detail/SII/46239/seacom-debt |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |