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Strategies & Market Trends : Africa and its Issues- Why Have We Ignored Africa? -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (763)4/6/2007 4:01:10 PM
From: TimF  Respond to of 1267
 
High-speed web boost for Africa

Kenya, Burundi and Madagascar have secured $164.5m (£83.3m) from the World Bank to help roll-out high-speed internet networks.

The World Bank said the money was being made available to boost business competitiveness in the region.

Eastern and much of southern Africa is the only region in the world not connected to the global broadband infrastructure, the World Bank said.

Kenya will take the lion's share of the funding, with a $114.4m loan.

Madagascar is due to receive a $30m loan, while Burundi will receive a grant worth $20.1m, the World Bank said...

news.bbc.co.uk