PROJECT

Projects

Summary of Investment Information

Project Number

52401

Company Name

AIRTEL NETWORKS KENYA LIMITED

Date SPI Disclosed

May 15, 2026

Country

Kenya

Region

Africa

Projected Board Date

Jun 18, 2026

Environmental Category

B - Limited

Status

Pending Disbursement

Last Updated Date

Jun 27, 2026

Department

Regional Industry - INF Africa

Industry

Telecommunications and Technology

Previous Events

Approved : Jun 18, 2026
Signed : Jun 25, 2026

Sector

Mobile Telephony

Project Description

  The proposed investment consists of providing an additional IFC A Loan of up to US$50 million and US$100 million equivalent in deliverable local currency to be disbursed to Airtel Africa’s subsidiaries in the Democratic Republic of Congo and Kenya respectively (“Borrowers”). The Loan would be under similar terms and conditions as the previously committed facility. The investment is expected to underpin the Group’s accelerated capex progamme aimed at expanding its mobile network across the DRC and Kenya. Furthermore, the investment will also enable the Borrower to refinance existing debt to optimise the capital structure and support future expansion.                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation