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    Reference: 20180392
    Release date: 14 August 2018

    Promoter – Financial Intermediary

    BANDWIDTH AND CLOUD SERVICES GROUP HOLDINGS

    Location

    Description

    The project concerns the deployment of fibre optics networks in regions of Eastern Africa where, either these kinds of networks are not available, or they are expensive and unreliable. In both cases, the development of digital services enabled by broadband access is limited. In total, the networks deployed will have a total length of more than 4 850 km, including more than 3 850 km of terrestrial fibre cable and around 1 000 km of submarine cable in Lake Tanganyika and Lake Albert.

    Objectives

    The project will lead to the deployment of five different fibre optics networks in Kenya, Rwanda Uganda, Zambia and the Democratic Republic of the Congo (DRC). In total, the networks deployed will have a total length of around 4,850 km, including 3,850 km of terrestrial fibre cable and around 1,000 km of submarine cable in Lake Tanganyika and Lake Albert.

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    USD 18 million (EUR 16 million)

    Total cost (Approximate amount)

    USD 46 million (EUR 41 million)

    Environmental aspects

    If located in the EU, the project would not require an Environmental Impact Assessment as per Directive 2014/52/EU amending the EIA Directive 2011/92/EU, however environmental assessments might be required according to national law, in particular for the submarine cable segment in Lake Tanganyika. In any case, there is no relevant negative residual environmental impact expected. Nevertheless, the environmental details including the CO2 footprint (if needed) and other possible impacts will be assessed during the appraisal.

    Procurement

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Status

    Signed - 22/11/2018

    Disclaimer

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

    Related tags

    Regional - Africa Telecom