Angola Cables Secures Loan for Angola-Brazil Subsea Link

An Angolan telecom operator, Angola Cables, has secured a loan from Japan Bank for International Cooperation (JBIC) of approximately USD 65.8 million for the construction of a complete submarine cable system connecting Angola and Brazil.

The loan was secured through the agreement between JBIC and Banco de Desenvolvimento de Angola (BDA), the state-owned development bank of Angola.

The cable, with a total length of 6,200 km will be manufactured and laid by NEC Corporation (NEC).

It will be the first world’s first optical submarine cable to be built across the South Atlantic.

The project will directly connect the African continent to South America, with the planned cable link to the U.S. subsea cable under construction at the landing station in Brazil, JBIC noted.

According to a NEC press release issued following the contract award in 2014, he cable system will land at Sangano cable landing station in Angola, near the capital city of Luanda, and in a datacenter in Fortaleza, Brazil.

Subsea World News Staff

Share this article

Follow Subsea World News

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

SUBSEA POWER CABLES

2-day seminar covering best practice and emerging technologies for cost-efficient subsea cable projects from conception to installation…

read more >

EEMUA subsea engineering course: materials selection and corrosion control

This two and a half day training course is recommended for both discipline and project focused engineers from a variety of backgrounds…

read more >

FUTURE OIL & GAS

Join senior executives from oil and gas majors, service companies, technology suppliers and industry experts at this year’s premier event…

read more >

Kuwait Oil & Gas Show

Kuwait Oil & Gas Show is the Kuwait International Fair Ground in Kuwait City, Kuwait. This event showcases product from Chemicals & Dyes, Electronics & Electrical Goods, Hand, Machine & Garden Tools, Petroleum, Oil & Gas, Power & Renewable Energy industries. More info

read more >