NEC Corp. of Japan is due to start building the “South Atlantic Cable System” (SACS), the first submarine fiber optic cable connecting Africa to South America, according to statements published Wednesday in Luanda and Tokyo.
SACS, which should become operational in mid-2018, is a project of the Angola Cables company with an estimated cost of US$160 million. It will be partially financed with loans taken on by the Angola Development Bank from the Japanese Bank for International Cooperation (JBIC) and Sumitomo Mitsui Banking Corporation (SMBC).
The system will link Luanda, Angola to Fortaleza, Brazil, cities that are about 6,200 kilometres apart. From the Brazilian city another cable system goes on to Miami, in the United States, thus allowing direct links between Africa through Angola, and North America, through the United States.
Angola Cables was created by five major Angolan telecommunications operators that are currently part of its shareholder structure. State-owned Angola Telecom holds a majority stake. (macauhub/AO/BR)