PROJECT

Projects

Summary of Investment Information

Project Number

44666

Company Name

SOCIETE HOLDING TOGOLAISE DES COMMUNICATIONS ELECTRONIQUES

Date SPI Disclosed

Jun 15, 2021

Country

Togo

Region

Africa

Projected Board Date

Jul 20, 2021

Environmental Category

B - Limited

Status

Active

Last Updated Date

May 17, 2024

Department

Regional Industry - INF Africa

Industry

Telecommunications and Technology

Previous Events

Approved : Aug 6, 2021
Signed : Feb 8, 2024
Invested : May 7, 2024

Sector

Mobile Telephony

Project Description

The proposed investment comprises up to €50 million loan from IFC’s own account and up to €72 million loan in mobilization to Togocom to support Togocom in modernizing and expanding its network as well as refinancing its existing loans.                                                     

Associated Advisory Engagement

                                      

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation