Samsung, Taihan to Build Network in Mali to Boost Communications

Samsung Electronics Co. (005930) and Taihan Electric Wire Co. (001440) will build a fiber-optic and Intranet network in Mali to help improve government communications, the West African state said.

The project will be funded with a 16.3 billion-CFA-franc ($32.1 million) loan from Korea’s Economic Development Cooperation Fund, the government said in a statement yesterday in Bamako, the capital.

To contact the reporter on this story: Diakaridia Dembele in Bamako at ddembele@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

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