Senegal’s Sonatel secures €87 million sustainability-linked loan
Money to fund tower and fiber build-out; repayments tied to women in leadership goals
Money to fund tower and fiber build-out; repayments tied to women in leadership goals
Will be located in Gabon, Cote d'Ivoire, and Togo
Project includes 600km fiber optic cable
Company partners with Ares, CDQP, and Schroders
Facility will span 50,000 sq ft
Kenya, Tanzania, Rwanda, and Uganda have all been impacted
Hiring an acquisitions manager to scout potential locations
Details of the project are scarce
Leaves just one cable still to be fixed in the region
No one has claimed responsibility for the tragedy
Route will replace SAFE cable
Inaugurated by President Abdel Fattah El-Sisi
Follows a few years after the two launched Orange Business Cloud in the country
The deal was confirmed last month
And Uminers breaks ground on Ethiopian data center
Company lost 3.5 out of four redundancy routes
Lengthy outages have been common in South Africa in recent years
ADC’s CPT1 facility will be the first to receive power
Remaining three cables due to be fixed by early May
First phase to be completed in July 2024
Telco has already left markets in Yemen, Syria, and Afghanistan
It has been increased from 65Tbps to 122Tbps
First 5G network in the country
Swiftnet operates more than 6,000 towers across South Africa
Jobs will be lost across the business
In partnership with data center operation N+One
WACS and ACE cables said to be impacted
Facility due live in 2026; first of five hyperscale sites planned on continent