WASHINGTON, September 24, 2009 - The World Bank’s Board of Executive Directors today approved the following project: Cameroon: IDA Credit (Adaptable Program Lending): US$9.9 million equivalent Central African Republic: IDA Grant (Adaptable Program Lending): US$7.3 million equivalent Chad: IDA Grant (Adaptable Program Lending): US$9 million equivalent Terms: Vertical APL with trigger based disbursements Project ID: P108368 Project Description: The Central African Backbone (CAB) Program Project for the countries of Cameroon, the Central African Republic, and Chad aims to contribute to increase the geographical reach and usage of regional broadband network services and reduce their prices. There are four components to the project, the first component being enabling environment. This component aims to: (i) promote further regional market integration; (ii) strengthen the legal, regulatory, and institutional framework; (iii) support market liberalization; and (iv) promote the establishment of infrastructure that once in place is accessible to all service providers on open, transparent, competitive, and nondiscriminatory terms. The second component is the connectivity. The third component is the eGovernment and flagship Information and Communication Technology (ICT) applications. Finally, the fourth component is the project management. Depending on the specific implementation arrangements for each country, this component may include elements such as human resources support with management, procurement, financial management, Monitoring and Evaluation (M&E), internal and external audit, communications expertise, operating expenses, and equipments. Media Contact Herbert Boh (202) 473-3548 hboh@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P108368 |
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