The internet relies on hundreds of cables running through the oceans, and when these cables break, James Glanz from The New York Times explains the potential consequences and the process of repairing them. Glanz highlights the importance of these subsea cables and the intricate network they create, emphasizing the critical role they play in maintaining global connectivity. Despite the challenges of fixing broken cables, Glanz sheds light on the dedicated efforts made by experts to ensure a swift restoration of internet services worldwide.
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Afreximbank signs landmark hydropower project in Democratic Republic of Congo (DRC)
Afreximbank signed a project preparation facility financing agreement with Kipay Investments SAS for a renewable energy project in the DRC, supporting the development of a 200 MW hydropower project. This initiative aligns with Afreximbank's climate finance strategy and aims to provide clean energy to mining companies, expand electricity access to communities, and reduce greenhouse gas emissions. The project is expected to create over 2,000 direct jobs, generate tax revenues, and foster socio-economic development in the...
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