Eastcastle debt
Sector: Telecommunications • Location: Congo, Democratic Republic of
Source: International Finance Corporation (IFC)
Eastcastle Infrastructure Limited (“Eastcastle”) was established in 2020 and is focused on the construction and operation of shared telecom towers and related infrastructure in various countries across Sub-Saharan Africa including Nigeria and Democratic Republic of Congo (DRC) (). In June 2021, IFC supported the formation of Eastcastle with a US$24 million equity investment
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Eastcastle Infrastructure Limited (“Eastcastle”) was established in 2020 and is focused on the construction and operation of shared telecom towers and related infrastructure in various countries across Sub-Saharan Africa including Nigeria and Democratic Republic of Congo (DRC) (https://ecinfras.com/). In June 2021, IFC supported the formation of Eastcastle with a US$24 million equity investment (https://disclosures.ifc.org/enterprise-search-results-home/eastcastle). IFC are now proposing a further US$30 million debt facility from IFC’s own account and up to US$50 million through a B-Loan and Parallel Loans in Eastcastle Infrastructure DRC (“Eastcastle DRC” or “the Company”). The debt funding will be utilized for the acquisition and construction of a portfolio of Built-To-Suit (BTS) and transmission towers in DRC which will be leased to mobile network operators in the country. (“the Project”). |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |