PROJECT

Projects

Environmental & Social Review Summary

Project Number

43718

Company Name

INTELVISION LTD

Date ESRS Disclosed

Nov 16, 2020

Country

Seychelles

Region

Africa

Last Updated Date

Aug 25, 2021

Environmental Category

B - Limited

Status

Active

Previous Events

Approved : Mar 16, 2021
Signed : May 27, 2021
Invested : Aug 23, 2021

Sector

other

Industry

Telecommunications and Technology

Department

Regional Industry - INF Africa

Project Description

Formed in 2004, Intelvision Limited (“Intelvision” or “INL”, the “Company”), is an integrated telecommunications provider operating through three segments: (i) pay-Television (ii) data/internet and (iii) VoIP telephony/voice in the Seychelles. Intelvision’s services are directed at both businesses and residential clients.

 

Intelvision intends to invest in a 2000 kilometers Intelvision Submarine Cable System (“ISCS”) (the “Project”) to connect Seychelles to the 2Africa Cable (www.2africacable.com), one of the largest subsea projects in the world, connecting 23 countries in Africa, Middle East and Europe.  IFC proposes to invest in the project through a debt facility of up to US20 million comprised of an A loan of up to US$10 million complemented by an MCPP Infra (Allianz) loan of US$10 million or a B loan. 

 

Alcatel Submarine Networks (ASN), working under an existing contract with Apollo Submarine Cable System Limited (“Vodafone”), a member of the 2Africa Cable consortium, will design, install and commission the ISCS. ASN’s work will include cable route selection and is expected to take 18-24 months. 

 

The terrestrial backhaul connections are separate from but associated with the ISCS project and are to be developed by Intelvision.

Overview of IFC's Scope of Review

The project was considered eligible for virtual appraisal in the midst of COVID-19 pandemic, and Environmental and Social (E&S) appraisal was conducted through September – October 2020 and included (i) a virtual meeting with Intelvision management team; (ii) review of a self-assessment questionnaire populated by the company and relevant policies including contractor management, and human resources.  No site visits could be conducted by the IFC team considering the current travel restrictions due to COVID-19 pandemic. Site visits to the company’s assets will be undertaken as soon as the situation allows

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Broad Community Support

Environmental & Social Action Plan