So was bored, and frustrated with slow internets, pfft, found some interesting projects going on, hopefully it wont be long before Lagos reaps the benefits.

Source :http://manypossibilities.net/african-undersea-cables/

The map below shows the routes of the cables that have already been laid and those that are still underway





Technical Details :




Investor detail:

Seacom (http://www.seacom.mu)

Industrial Promotion Services (25%), an arm of the Aga Khan Fund for Economic Development (USD 75 million)


VenFin Limited (25%) – USD 75 million)

Herakles Telecom LLC (backed by Blackstone) (25%), New York-based lead company, no website (USD 75 million)

Convergence Partners (12,5%) – USD 37.5 million

Shanduka Group (12.5%) – USD 37.5 million

EASSy (http://www.eassy.org/)

EASSy is 90% African owned although that ownership is underwritten by a substantial investment by Development Financial Institutions (DFIs) including World Bank/IFC, EIB, AfDB, AFD, and DfW. Total DFI investment is apparently $70.7 million, with $18.2 million coming from IFC, 14.5 million from AfDB. This is a smaller amount than the originally advertised $120 million investment from DFIs.

South African investors in EASSY include Telkom South Africa ($18.9 million) , Neotel, and MTN.

There are 26 telco operators in total invested in EASSy.

An SPV created to facilitate. open access will be the biggest shareholder, with 46%.

In Jan 2008, VSNL announced an investment in EASSy


TEAMs

85 per cent of the cable is owned by TEAMs (Kenya) Ltd and the rest by Etisalaat of the United Arab Emirates (UAE). The TEAMS (Kenya) Ltd holding breaks down as follows:

* 20% – Government of Kenya (through Min. of Finance)
* 20% – Safaricom Ltd
* 20% – Telkom Kenya Ltd
* 10% – Kenya Data Networks Ltd
* 10% – Econet/Essar Telecom Ltd
* 5% – Wananchi Group
* 3.75% – Jamii Telecom Ltd
* 1.25% – Broadband Access/AccessKenya Ltd
* 1.25% – Africa Fibrenet (Uganda) Ltd
* 1.25% – InHand Ltd
* 1.25% – iQuip Ltd
* 1.25% – Flashcom Ltd


West African Cable System (WACS)

* Telkom
* Vodacom
* MTN
* Tata Communications (Neotel)
* Infraco
* Cable & Wireless
* Portugal Telecoms
* Telecom Namibia
* Togo Telecom
* Angola Telecom
* Sotelco (U.S.)


MaIN OnE

Privately owned. On June 1, 2009, the African Development Bank confirmed USD 66 million financing for the project.

bump,