Multinational - Other 3 Billion (O3B) Africa Limited Supplementary Loan


Project Summary

Approval Date 27 Nov 2015
Signature Date 30 Nov 2015
Sovereign / Non-Sovereign Non Sovereign
Sector Communications
DAC Sector Code 22020
Commitment U.A 7,684,125.18
Status Implementation

Project General Description

The project consists of the design, construction, launch and operation of a constellation of 12 medium earth orbit satellites providing affordable broadband connectivity to the unserved areas of the world, including: Africa. O3B will provide services to telecom operators, Internet service providers and other businesses requiring broadband connection, primarily in emerging markets and other densely populated areas of the world.

Project Objectives

The project aims to help reduce the prices of Internet and mobile communications. It will also contribute to bringing connectivity to previously discovered areas. The project will also contribute to a doubling of the market for African satellite transponders for telecommunication services (excluding television).

Beneficiaries

The project will primarily benefit telecom operators and emerging market users. First, it will provide the necessary trunking capability for ISPs in remote areas to access international gateways. Secondly, it will provide the necessary backhaul capacity for mobile operators to extend coverage in rural areas.

Participating Organization

Funding
African Development Bank

Information

IATI identifier 46002-P-Z1-GB0-028
Last Update 31 Oct 2019

Export

Contact Details

Email private-sector@afdb.org

Geographic Location

Country Multinational