TV Cabo expands internet services with latest EIB loan

30 Apr 2015

The European Investment Bank (EIB) has provided a EUR20 million (USD22 million) long-term loan to TV Cabo Angola, an operator backed by Portugal’s Visabeira Global, for deploying a network enabling schools, hospitals, NGOs, government departments and private customers to access advanced telecommunications services and the internet, reports Telecompaper citing Lusa. The loan will finance a project to extend TV Cabo’s infrastructure in Luanda, Benguela and Lobito, and the installation of a new fibre-optic network in the cities of Lubango, Huambo, Cabinda and Soyo.

Angola, TV Cabo Angola