WASHINGTON, March 29, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:
IDA CREDIT KENYA: US$114.4 millions
TERMS: Maturity =40years ; Grace Period = 10 years
IDA CREDIT MADAGASCAR: US$30 millions
TERMS: Maturity =40years ; Grace Period = 10 years
IDA GRANT BURUNDI: US$20.1 millions
PROJECT DESCRIPTION: The objective of the Program is to leverage private sector participation to improve open access to international connectivity in East and Southern Africa. The focus is on closing the terrestrial connectivity gap, extending geographic reach of broadband networks and contributing to lower prices for international capacity.
For more information, please call Henny Rahardja at (202) 473-4857 or email:
hrahardja@worldbank.org
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