BY PAUL VECCHIATTO

Seacom's $650 million undersea cable project should be seen within a global context and as part of an overall plan to connect Africa, says one of its principal investors, Andile Ngcaba.

Speaking after yesterday's announcement about the finalisation of the project's financing structures, Ngcaba said Seacom would probably become part of the Nepad ICT Broadband Infrastructure Network (NBIN). This project is being championed by the Department of Communications (DOC), but is run under the auspices of the e-Africa commission.

"It [Seacom] is good for the whole of Africa and we are talking about connecting three continents: Africa, Europe and Asia," he said.

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Posted by dcjaya at November 14, 2007 10:33 AM