Original disclosure @ EIB website
Updated in EWS Sep 6, 2021
Disclosed by Bank Sep 1, 2021
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According to bank provided information, the project entails the connection of Somalia to the largest submarine cable system in Africa, which will significantly enhance the resilience, quality and capacity of the country's international connectivity. The project also includes the deployment of the first segment of a new national fibre optic backbone to interconnect the capital city with regional hubs, enabling them to access the country's new high-quality connection to the internet.
The project seeks to significantly improve Somalia's digital infrastructure by diversifying the country's international connectivity and enabling the expansion of broadband networks into previously underserved areas. The investments supported by the EIB financing will lead to an accelerated market uptake of broadband services, driven by an increased affordability among the population. The project entails various socio-economic benefits derived from Somalia's digital transformation, COVID-19 pandemic recovery and enhanced cross-sectoral economic resilience.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Dalkom Somalia LLC||Client||-|
*Contact information not provided at the time of disclosure*
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
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