Eastcastle II

pending

Eastcastle Infrastructure DRC SARLU (“Eastcastle DRC” or the “Company”) is a subsidiary of Eastcastle Infrastructure Limited (“Eastcastle Infrastructure”), which was established in 2020 as a platform company to own and operate shared telecom tower infrastructure in the Democratic Republic of Congo (“DRC”) and Nigeria. Eastcastle Infrastructure and Eastcastle DRC are existing IFC clients, with environmental and social (E&S) performance assessed as satisfactory. An Environmental and Social Review Summary (ESRS) for IFC’s initial equity investment in Eastcastle Infrastructure was publicly disclosed in 2021 (https://disclosures.ifc.org/project-detail/SII/44090/eastcastle). IFC subsequently disclosed an ESRS in connection with a further US$30 million debt facility provided to Eastcastle DRC in 2023 (https://disclosures.ifc.org/project-detail/SII/46563/eastcastle-debt). IFC is considering a reinstatement of its initial debt commitment of up to US$30 million and a new blended finance facility of up to $30 million, as part of a larger financing package, to support the Company’s continued growth in the DRC. The Company operates a geographically dispersed portfolio of telecom tower sites, many of which are located in remote or security-constrained areas.