Kenyan Pundit

November 29th, 2006

East African Marine System (TEAMS) Update

Posted by Ory Okolloh in Kenya, Technology

Via FibreAfrica mailing list:

- The expression of interest to package local funding closed on November 8th. The financing for 40% of the project is expected to come from the stock market. To read the advertised tender (and other upcoming tenders) click here.
- Shares are expected to be cross-listed in the 3 East African stock markets.
- Expression of interest to build 4,300 km of rural fibre (last mile-ish) closes on December 15th

Projections for Kenya’s fibre capacity of the next 20 months:
- 2 submarine fibres
- 3000 km national backbone fibre
- 4300 km rural fibre
- 500 km metropolitan rings

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