Agence Française de Développement completes US$9.5 million co-financing of the Eastern Africa Submarine Cable System (EASSy) from South Africa to Sudan with International Finance Corporation (IFC), African Development Bank (AfDB), KfW, European Investment Bank (EIB), and Development Bank of Southern Africa (DBSA). The project to be financed funded the development of a 10,000 km submarine fibre-optic cable system along the east and south coast of Africa to service the voice, data, video and internet needs of the region. EASSy is one of the highest capacity systems serving Africa, linking South Africa with Sudan via landing points in Mozambique, Madagascar, the Comoros, Tanzania, Kenya, Somalia and Djibouti.
Alexandre Vaillant advised AFD in this project financing.