News
31 March 2016

JBIC and SMBC finance Angola-Brazil underwater cable

Region:
Middle East & Africa, Asia-Pacific

The Japan Bank for International Cooperation (JBIC) and Sumitomo Mitsui Banking Corporation (SMBC) have signed a $109.7 million loan agreement with Angola's state-run development bank to finance the construction of an optical submarine cable system between Angola and Brazil.

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