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Angola Cables starts construction on Brazil data centre 

By: Creamer Media Reporter      10th July 2017 Multinational telecommunications company Angola Cables has started the construction of its South American data centre, located in Fortaleza, Brazil, connecting to the subsea Internet cable linking Africa to the Americas. The data centre will run two key routes – the South Atlantic Cable System... 

Amplats' exit from Brazil platinum prospect sparks London listing

By: Martin Creamer     19th June 2017 The withdrawal of South Africa’s Anglo American Platinum (Amplats) from a platinum group metals (PGM) project in Brazil has opened the way for Jangada Mines to acquire the asset and head for the London Aim to raise an initial £2-million in equity capital to fund the project. Jangada chairperson... 

Monet submarine cable network project, Brazil and the US

By: Sheila Barradas     2nd December 2016 The Monet project comprises a 10 500-km-long fibre-optic cable, which stretches from Brazil to the US. 

Angola Cables, Etix team up to provide direct US–Africa connection

By: Natasha Odendaal     16th November 2016 Angolan telecommunications company Angola Cables and Luxembourg-headquartered data centre and cable landing station specialist Etix Everywhere have partnered to build infrastructure to reduce the latency between the US and Africa, thereby eliminating the data route through Europe. The parties... 

South Atlantic cable to offer cost, connectivity benefits

By: Schalk Burger     4th November 2016 The $130-million South Atlantic Cable System (SACS) will reduce latency between Africa and South America from 300 ms to 63 ms once it is completed in mid-2018, says Angola Cables CEO Antonio Nunes. The cable system, which traverses 6 500 km of the Atlantic between Fortaleza, Brazil, and Sangano,... 

South Atlantic submarine cable system to dramatically lower latency between Africa, South America

By: Schalk Burger     21st October 2016 The $130-million South Atlantic Cable System (SACS) will reduce latency between Africa and South America from 300 ms to 63 ms once it is completed in mid-2018, says Angola Cables CEO Antonio Nunes. The cable system, which traverses 6 500 km of the Atlantic between Fortaleza, Brazil, and Sangano,... 

Japanese firms loan millions to build Angola–Brazil undersea link

By: African News Agency      31st March 2016 The Development Bank of Angola (BDA) has signed US$109.7-million loan agreements with Japanese firms as part of a deal that looks set to make the oil-rich African nation one of the main telecommunication hubs on the continent. The agreement, which is backed by a sovereign guarantee from the... 

South Atlantic Cable System, Angola and Brazil

By: Sheila Barradas     5th December 2014 The project involves the construction of the world’s first submarine cable system across the South Atlantic. 

Africa to connect to Brazil as $160m subsea cable construction gets start date 

By: Natasha Odendaal     12th November 2014 Angola Cables on Wednesday officially launched its $160-million South Atlantic Cable System (Sacs) project that would see a 6 000 km undersea cable cross the Atlantic Ocean bolstering the communications link between Africa and Latin America. System supplier NEC Corporation was tasked with... 

Latin America to get $200m broadband boost

By: Natasha Odendaal     13th October 2014 Following Angola Cables' injection of $200-million to build a submarine cable from Africa, across the Atlantic Ocean, to Brazil, the Antonio Nunes-led company would now invest a further $100-million in a new undersea cable connecting Latin America to the US. The group, as part of a consortium,... 

South Africa in the Brics – opportunity or a lost cause?

By: Saliem Fakir     3rd October 2014 The Brazil, Russia, India, China and South Africa (Brics) meeting held in Fortaleza, Brazil, in July, ended with the establishment of the Brics bank, called the New Development Bank, raising not only important questions about the role of the bank but also South Africa’s place in the Brics. What... 

DBSA aiming to raise disbursements to R22bn by 2017

By: Terence Creamer     15th September 2014 Following record disbursements of R12.7-billion in 2014, the State-owned Development Bank of Southern African (DBSA) reported on Monday that it planned to raise total yearly disbursements to R22-billion by 2017, with a major focus on under-resourced municipalities. The bank’s previous... 

Planning commission set to stay despite moves to ‘institutionalise’ planning

By: Terence Creamer     22nd August 2014 Minister in The Presidency Jeff Radebe confirmed on Thursday that the National Planning Commission (NPC) would be retained alongside moves to institutionalise long-term planning within government. Speaking at the formal release of the five-year Medium-Term Strategic Framework (MTSF), for the... 

Bank’s report offers nuanced view of Africa’s rising middle class 

By: Terence Creamer     19th August 2014 A new report by a leading South African banking group confirms that the middle class has expanded materially in 11 key sub-Saharan African countries over the past 14 years to around 15-million households, from less than 5-million in 2000. But it also cautions that by far the majority – over 85%... 

NPC set to stay despite moves to ‘institutionalise’ planning – Radebe

By: Terence Creamer     7th August 2014 Minister in The Presidency Jeff Radebe confirmed on Thursday that the National Planning Commission (NPC) would be retained alongside moves to institutionalise long-term planning within government. Speaking at the formal release of the five-year Medium-Term Strategic Framework (MTSF), for the... 

Brics bank South Africa’s brainchild, says Nkoana-Mashabane

By: Natalie Greve     1st August 2014 South Africa is largely considered by its counterparts in the Brazil, Russia, India, China and South Africa (Brics) grouping as being the “pathfinder” on the road to the development of the Brics New Development Bank (NDB), having chaired the coalition since 2013 and championing the creation of a... 

Brics bank formally created but won’t be operational for at least two years

By: Keith Campbell     25th July 2014 The leaders of the five Brics (Brazil, Russia, India, China and South Africa) countries signed an accord officially creating the New Development Bank, more popularly called the Brics Bank, at the recent Brics Summit in Fortaleza, Brazil. The signing was the outcome of two years of negotiations.... 

Softline attends meeting of BRICS leaders

     21st July 2014 Softline participated in the meeting on the occasion of the opening of the sixth BRICS Summit. In particular, company representatives, along with members of the Argentinian business delegation, were invited to the meeting of Vladimir Putin, President of the Russian Federation, Cristina Fernández... 

ECIC inks deal with Brics export credit insurance agencies

By: Natalie Greve     18th July 2014 The Export Credit Insurance Corporation of South Africa (ECIC) has entered into a memorandum of understanding (MoU) on cooperation with the export credit insurance agencies (ECAs) of the other Brics member countries – Brazil, Russia, India and China. The MoU, which was signed on the last day of... 

SA to pursue intra-Brics trade

By: Natasha Odendaal     14th July 2014 As President Jacob Zuma on Monday arrived in Fortaleza, Brazil, to attend the sixth Brazil, Russia, India, China and South Africa (Brics) Summit, South Africa aimed to forge further intrabloc cooperation initiatives. Boosting intra-Bric trade remained a key focus for South Africa, with much... 

Seabras-1 fibre-optic cable, Brazil and the US

By: Sheila Barradas     5th July 2013 Seabras-1 involves the deployment of a new subsea fibre-optic cable between the US and Brazil. 

Installation of new cable linking SA to Brazil to start in 2014

By: Idéle Esterhuizen     22nd November 2012 The South Atlantic Express (SAex) submarine fibre-optic cable project linking South Africa, Angola and St Helena with Brazil, is expected to reach financial closure by the end of June next year, with installation set to start 14 months later, project sponsor eFive Telecoms CEO Rosalind Thomas... 

Company Announcement: Dimension Data and EES in partnership on 2014 Brasil World Cup stadia

     28th September 2012 EES and Dimension Data have been formally appointed by the builder and operator consortium in Fortaleza Brasil to oversee aspects of the 2014 Brasil World Cup stadia design, and build criteria that ensure compliance with FIFA specifications 

Wasace undersea fibre-optic cable system, Atlantic basin

By: Sheila Barradas     1st June 2012 Wasace has announced that it has begun the procurement process to select a cable system supplier for the construction of its undersea fibre-optic cable system. 

African leg of new Atlantic Ocean cable to go live in 2014

By: Creamer Media Reporter      9th May 2012 A new undersea fibre optic cable linking South Africa to the US and connecting it to Brics counterpart Brazil would be in service by the first quarter of 2014, the multinational firm building the new Atlantic Ocean network said on Wednesday. The cable would deploy ‘100 G’ technology and would... 

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