Today the Executive Board of Directors of the World Bank Group has announced its endorsement of the $215 million, ten-year Central African Backbone Program (CAB Program). This program will support the countries of the Central African region in developing their high-speed telecommunications backbone infrastructure to increase the availability of high-speed Internet and reduce end-user prices. The CAB Program will also help countries harmonize the laws and regulations that govern the ICT sector to increase private sector investment and improve competition.
Three countries – Cameroon, Chad and Central African Republic (CAR) – are participating in the initial $26.2 million phase of the Program. A further eight countries are also eligible to participate in the Program—Republic of Congo, Equatorial Guinea, the Democratic Republic of Congo, Gabon, Niger, Nigeria, São Tomé and Principe, and Sudan.
The CAB Program is being supported through a partnership between the World Bank Group and the African Development Bank (AfDB). The program also aims to leverage an additional US$98 million from the private sector. In conjunction with the Economic and Monetary Community of Central Africa (CEMAC), the African Union Commission (AUC) will play an important role in facilitating inter-governmental cooperation and policy harmonization. The International Finance Corporation (IFC) will also assist governments in structuring Public Private Partnerships under the program.
