The World Bank has announced a new USD58 million loan facility for Gabon, to finance nationwide broadband connections to the new Africa Coast to Europe (ACE) international undersea fibre-optic cable, via terrestrial fibre links from the country's dual ACE landing stations to Franceville, Lekoni, Koulamoutou as well as to the Congolese border. The loan has been agreed as part of the Central African Backbone Programme (CAB), and the project also forms part of the World Bank’s contribution in Gabon to implementing the third pillar of the 2010-2015 Economic Community of Central African States (CEMAC) Regional Economic Programme.
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OVETEL Gabon finances ACE connection with World Bank loan
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