Global Broadband Solution

Subsidy of September 2008 - February 2010 (This project has ended)

BIO subsidised a Technical Assistance to GBS of € 23,000, providing training to technicians in Kinshasa and Lubumbashi

Amount

€ 23,000.00

Type of investment

Subsidy

Development impacts

  • Private sector consolidation/innovation
  • Access to basic services & goods

Beneficiary locations

Africa: Democratic Republic of Congo

Investment field

Enterprises

Activity

ICT - Internet

Organisation

Global Broadband Solution

More investments in

Global Broadband Solution

  • Debt € 700,000.00 (2008-2015)
  • Debt € 454,740.00 (2019)
  • Subsidy € 7,497.00 (2012-2012)

ICT for development is an established discipline that has identified a host of socio-economic benefits. Increased access to technology and networks facilitates information dissemination, web-based learning, entrepreneurialism and connection to international resources.

Despite inherent challenges in the Democratic Republic of Congo (DRC), internet penetration has increased from just 500 users in 2000 to an estimated 10,000 in 2008. However this is still only 0.2 percent of the population. Much still needs to be done to come close to Africa’s average internet penetration level of 5.3 percent.

Active since 2004, GBS offers internet and telephone connections, using satellite technology.

Global Broadband Solution

Development impacts

  • Private sector consolidation/innovation

    production technology; increased competition

  • Access to basic services & goods

    telecommunications

Read impact and news about this project

A desire to be an actor of change

Impact Story

A desire to be an actor of change

16-05-2019

BIO gave two loans and two subsidies to GBS.

Alexis Indenge is the former CEO of GBS. This is his story.

Read more

View more of our investments in this region

Global Broadband Solution

Enterprises

Global Broadband Solution

  700,000.00

  Democratic Republic of Congo

  29/05/2008

  Debt

Global Broadband Solution

Enterprises

Global Broadband Solution

  454,740.00

  Democratic Republic of Congo

  21/03/2013

  Debt

Global Broadband Solution

Enterprises

Global Broadband Solution

  7,497.00

  Democratic Republic of Congo

  04/05/2012

  Subsidy