The Seacom undersea cable, which recently broke ground for landing station sites in Mozambique and Kenya, received three awards at the 2008 Africa Investor Awards earlier this week. The project is still on track to begin offering international access in the middle of next year.
Seacom, its financier Nedbank Capital, and legal advisor Bell Dewar & Hall were presented with the awards for Sponsor of the Year, ICT Deal of the Year and Legal Advisor of the Year.
Brian Herlihy, president of Seacom, says: "Seacom is honoured to have been recognized by Africa investor Infrastructure for its effort in bringing much needed bandwidth connectivity to east and southern Africa. I would like to thank our shareholders, financiers and advisors including, Hunton & Williams, Bell Dewar & Hall and Herbert Smith, in making his project a success for all its stakeholders. We look forward to continue working together as we race towards our ready for service date of June 2009."
Mike Peo, head of infrastructure finance at Nedbank Capital, adds: "We are delighted to have received this award and have played a leading role in this project which is undoubtedly one of the most important telecommunications infrastructure projects undertaken in the last five years."
Andrew Mitchell, senior partner of Bell Dewar & Hall, comments: "We were thrilled to be involved in this challenging and interesting project. The project had unique legal implications which were addressed in a collaborative manner between all participants. Everyone involved should be commended on their input and commitment."
Last week, Seacom celebtated the groundbreaking of the Maputo cable station in Mozambique. The event coincided with the delivery of the eight containerised cable stations fully built out for connection to the cable in January 2009.
In addition, the first of three cable laying ships has arrived in Egypt to start laying cable in the Red Sea.