April 5th 2007 |
General
Kenya, Burundi and Madagascar have secured $164.5m (£83.3m) from the World Bank to help roll-out high-speed internet networks. The World Bank said the money was being made available to boost business competitiveness in the region.
Eastern and much of southern Africa is the only region in the world not connected to the global broadband infrastructure, the World Bank said.
Kenya will take the lion’s share of the funding, with a $114.4m loan. Madagascar is due to receive a $30m loan, while Burundi will receive a grant worth $20.1m.
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