The World Bank said in a statement that central African countries currently offer the worst quality and most expensive internet service in the continent. Eight additional countries are eligible to take part in the CAB, including the Democratic Republic of Congo, The Republic of the Congo, Equatorial Guinea, Gabon, Niger, Nigeria, Sao Tome & Principe and Sudan. The project, which is being supported by a partnership between the World Bank and the African Development Bank, is expected to achieve its initial aims in Cameroon, the Central African Republic and Chad by 2016, but as its scope widens it is expected to run for ten years, with total investment reaching around USD215 million. The CAB aims to raise USD98 million from the private sector, with help from the International Finance Corporation. The initial USD26.2 million lending approved by the World Bank is split as follows: Cameroon USD9.9 million, Central African Republic USD7.3 million, Chad USD9 million.
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Quelle/Source: TeleGeography, 07.10.2009
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