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Reference: 20060180
Release date: 17 November 2006

Promoter – Financial Intermediary

TVCabo Angola

Location

Description

The project concerns the construction of a broadband and bi-directional digital network.

Objectives

Provision of multimedia services for individual homes and corporate markets.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 15million.

Total cost (Approximate amount)

EUR 31million.

Environmental aspects

There will be minimal environmental impacts with the project development, and correct mitigation measures are planned. The project is considered environmentally acceptable without reservation.

Procurement

In this private sector operation, the purchase of technical equipment was made on international markets. The majority of suppliers have a good reputation, which is considered satisfactory by the Bank.

Status

Signed - 17/10/2007

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Angola Telecom