53707
WEST INDIAN OCEAN CABLE COMPANY LTD
Oct 14, 2026
Africa Region
Africa
Nov 13, 2026
B - Limited
Pending Approval
Oct 15, 2026
INR Africa East Southern
other
Wholesale Broadband - Terrestrial [Project only]
WIOCC Holding Company Limited (WIOCC Group) is a top pan-African digital infrastructure provider, offering open-access data centers and high-capacity fiber networks across Africa. WIOCC has been a client of IFC since 2007. West Indian Ocean Cable Company Ltd (WIOCC MU), a subsidiary of WIOCC Holding Company Limited), and its subsidiaries, provide wholesale broadband connectivity linking African countries to Europe and beyond.
The proposed IFC investment comprises a senior secured sustainability-linked loan (SLF) of up to US$35 million to WIOCC MU. WIOCC MU is an existing IFC client under the loans committed in 2024 and 2025.
This project seeks to enhance connectivity and colocation services for individuals and businesses in Africa. Proceeds from the new transaction will support WIOCC MU in expanding its network through the acquisition of additional subsea cable capacity and the further deployment of terrestrial fiber to extend coverage in South and West Africa and increase data center capacity, as well as leverage the existing metro infrastructure to expand its Open Access Metro business, improving fiber connections to estates and businesses for ISPs in Lagos and other states of Nigeria.
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Local Access of Project Documentation
West Indian Ocean Cable Company Limited
Company secretary: Imara Trust Company (Mauritius) Limited, 9th Floor, NeXSky Building, Silicon Avenue, Ebene, Cybercity 72201, Republic of Mauritius.