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>

<< Nov 2017 >>
MTWTFSS
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 2 3

Underwater Intervention 2018

UI 2018 will draw the industry’s leaders from across the country and around the globe to gather for 3 days of networking…

read more >

OFFSHORE DECOMMISSIONING CONFERENCE 2017

The conference will build upon previous sell-out events and will encompass numerous keynote sessions all focused on the latest decommissioning…

read more >

Subsea Connect Americas

Subsea Connect Americas is the annual gathering for the submarine communications industry operating in North, South & Central America…

read more >

Future Energy Asia Exhibition & Conference (FEA) 2018

The transformation and development of Thailand is a major priority for the government which creates incredible business opportunities…

read more >