World Bank - Borderless Communication: An African Innovation

Far from being a follower, Africa is setting industry benchmarks in cellular innovation and technology. One example of this is Celtel's world's first borderless network, which allows its cellular subscribers to make calls across 6 countries in Africa without roaming fees.

With a long-standing relationship dating back to 1999, IFC has made a series of investments totaling US$417 million in Celtel operations in 14 countries of which, US$131 million in
syndications under the IFC B loan program.

IFC's support of Celtel in its development from a small start-up company into the large corporate entity it is today, is a reflection of IFC's commitment to a true partnership with its clients.

http://www.worldbank.org/connectingafrica

Category:

Travel & Events

Tags:

• africa
• worldbank
• world
• bank
• cellular
• network

[karimbero]

World Bank wants no border anywhere. Like Bob Marley said it: "One world, One Love, Let's get together it'll be all right!!"

[funkmasterfive]

world bank wants noboarders anywhere, nuevo ordem sectorum