EIB invests US$10 mln in connectivity project in Eastern DRC

By : Samira Njoya

Date : lundi, 14 novembre 2022 12:48

Last updated : lundi, 14 novembre 2022 12:53

Digital tools are currently considered essential technologies for Africa's post-Covid-19 recovery and even its future growth. However, unequal access to the internet may become a challenge to countries’ efforts.

Last Thursday, the European Investment Bank (EIB) announced US$10 million in support as part of its cooperation with telecom infrastructure company the Bandwidth & Cloud Services Group (BCS Group).

The investment aims to bring transformed digital connectivity to more than 2.5 million people living in remote areas of the eastern Democratic Republic of Congo through a fiber optic network built by BCS.

"The European Investment Bank is committed to accelerating digitalization across Africa and is pleased to strengthen our partnership with BCS to transform high-speed fibre optic networks in the DRC. Expansion of the fibre optic backbone will enable local communities to benefit from mobile broadband and hospitals and schools to be connected to the rest of the world,” said EIB Vice-president Thomas Östros.

According to the Global System Operators' Association (GSMA) report "The State of Mobile Internet Connectivity 2020, "DRC is one of the African countries that have the largest connectivity gap between urban and rural areas.  Its demand for connectivity has grown significantly after the coronavirus pandemic, encouraging international companies to invest in the country. Liquid Technologies, Facebook, and CSquared have committed to building fiber optic networks in the country to improve access to affordable broadband internet.

The new BCS investment, supported by the EIB, will connect areas currently underserved by broadband telecommunications. The support will fund the construction of 1,200 kilometers of fiber out of the 20,000 kilometers planned by BCS in Southern, Central, and Eastern Africa over the next 3 years.

Several outcomes are expected at the end of the project. According to the EIB release, "better digitalization will unlock new opportunities for local entrepreneurs and support job creation, and direct telecom connections to 319 schools and 70 hospitals and health centers to  improve education and public health."

Samira Njoya

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