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    Reference: 20210065
    Release date: 16 December 2021

    Promoter – Financial Intermediary

    BANDWIDTH AND CLOUD SERVICES GROUP HOLDINGS

    Location

    Description

    The project concerns the second phase of the construction of a fibre optic backbone in the Democratic Republic of the Congo (DRC), focusing on underserved areas of the eastern part of the country. The fibre links included in the project will enable high speed broadband in nine towns and will be deployed along the railways (1 280 km long) and on poles along the road (139 km).

    Objectives

    The project will lead to the deployment of around 1 400 km of new fibre optics networks in underserved regions in the Democratic Republic of the Congo, extending the access to mobile broadband and leading to an acceleration of the country's digital transformation.

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    USD 10 million (EUR 9 million)

    Total cost (Approximate amount)

    USD 21 million (EUR 19 million)

    Environmental aspects

    If it were located within the EU, the project would not fall under Annex I or II of the EIA Directive 2014/52/EU amending the Directive 2011/92/EU. However, environmental assessments could be required for this kind of project according to DRC national law. In any case, the rollout of telecommunication networks have limited environmental and social negative effects, apart from short duration disturbances during network deployment, whenever civil works are required, which can be mitigated by appropriate measures. Full environmental and social details will be assessed during 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

    Under appraisal - 16/12/2021

    Related tags

    Congo (Democratic Republic) Telecom