The Infrastructure Trust Fund for Africa created to Fund 4 Fiber Projects

Funding for all the Africa Fiber Projects appears to have been consolidated into one new organizations called The Infrastructure Trust Fund for Africa. It includes all four fiber projects.

I wonder if the fund will be used to try and control how and where it comes in first. It will be interesting to see if the African Monolpolies had a hand in this.

-Lee


Kenya's telecommunication sector will receive a boost as a result of Sh32 billion (347 million euros) financing mobilised for infrastructure development in Africa.

The European Commission, the European Investment Bank (EIB) and nine European countries have set up a fund to finance the continent's telecommunication infrastructure.

The Infrastructure Trust Fund for Africa will back New Partnership for Africa's Development (Nepad) projects as such as the East Africa Submarine Cable System (known as Eassy).
Financing for each project and when the money will be released has not been decided.


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