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>

<< Mar 2017 >>
MTWTFSS
27 28 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 31 1 2

The 22nd lnternational Offshore Crane and Lifting Conference

The Norwegian Society of Lifting Technology (NSLT) & The Offshore Mechanical Handling Equipment Committee (OMHEC) invite you …

read more >

OMC 2017

OMC mission is serving all people interested in the Mediterranean Offshore Industry…

read more >

Ocean Business 2017

Ocean Business 2015 was phenomenally successful, with visitor numbers up an incredible 29%. The overall attendance was a staggering 4,589…

read more >

International Connectivity and Cables Conference

Meet and network with leading telecom operators and OTTs including du, Etisalat, Omantel, Saudi Telecom Company, Yahoo, Angola Cables…

read more >