PROJECT

Projects

Summary of Investment Information

Project Number

34297

Company Name

MOOV AFRICA TCHAD SA

Date SPI Disclosed

Dec 4, 2014

Country

Chad

Region

Africa

Projected Board Date

May 27, 2014

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jan 9, 2025

Department

TMT, Venture Capital & Funds

Industry

Telecommunications and Technology

Previous Events

Approved : May 30, 2014
Signed : Jun 6, 2014
Invested : Aug 22, 2014

Sector

Mobile Telephony

Project Description

The project consists of the upgrade and expansion of a nationwide mobile telecommunications network operated by a multinational mobile telecommunication network operator in one of its African operations. It also includes the launch of the African operation’s mobile broadband services, and the renewal of the operation’s existing mobile telecommunication license (the “Project”).

The local operation has in over 7 years grown to be the largest mobile network operator in its local market. Its market share exceeds 50% of the local market, with geographic coverage around 80%. With expanding customer base and advent of new technology, the local operation is now seeking to upgrade its existing services to newer 3G/4G technology and expand its services to achieve 100% geographic coverage.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation