SCW NewsFeed

Spotlight on Africa – November 2019

As we have noted many times, the submarine fiber optic cable market in Africa has remained vibrant since the building of several cables to connect Sub Saharan Africa a decade ago. 

Africa Finance Corporation Issues CHF200 Million Bond

Africa Finance Corporation (AFC) announces the successful issuance of its CHF200 million Reg S Only bond maturing in December 2023 marking yet another development for the potential to increase the availability of infrastructure funding, including submarine cables, in Africa.

Strong Outlook for Investment in Floating O&G Projects

While the submarine fiber optic cable market has been booming since 2014, on segment has not been doing well – offshore oil & gas.  A new report, however, indicates that this segment may be poised for future growth. 

Africa Finance Corporation Continues Expansion into Asia

In another development that could improve the ability to finance major African infrastructure projects as well as an indication of Asia’s interest in African development, Africa Finance Corporation (AFC) announces the closing of its inaugural US$140,000,000 Kimchi Term Loan Facility.

New Research Shows Africa’s Energy Goals at a Tipping Point

Africa continues to be a major market for new submarine cable systems, but it is impossible to separate the continent’s energy, trade and economic developments from the demand for new cables. 

IWCS 2019 Focused on the Future

IWCS 2019 International Cable & Connectivity Symposium, the premier venue for new technologies in cable and connectivity products, processes and applications, welcomed attendees to the 68th annual conference in Charlotte, North Carolina, on September 29 – October 2, 2019.

Philippines ICT Investments Reach All-Time High

The information and communications technology (ICT) sector surged to the top of the Board of Investments (BOI) approvals with an outstanding increase to P308.8 billion from P340 million last year.

Recent Developments to Improve Access to Financing in Africa

Two recent announcements by the Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, could improve access to funding for major infrastructure projects, potentially including submarine cables. 

Kenya Submarine Cable Capacity up over 40% in Past Year

The latest statistics from the Communications Authority of Kenya show that bandwidth on the country’s four international submarine fiber optic cables has increased dramatically in the last 12 months. 

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SubCableWorld is a news and information service that changes the way the submarine cable industry is covered. It presents the latest news from the industry, as well as real-time analysis of the market.