Moov Africa
Sector: Telecommunications • Location: Africa Region
Source: International Finance Corporation (IFC)
Itissalat Al Maghrib (“Maroc Telecom” or the “Sponsor”) is the incumbent telecommunications provider in the Kingdom of Morocco. It has established itself as a regional operator with ten subsidiaries in Sub-Saharan Africa serving over 75 million customers, collectively the “Maroc Telecom Group” or the “Group.”The proposed IFC investment consists of eight individual loans for an aggregate amount of
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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 | Itissalat Al Maghrib (“Maroc Telecom” or the “Sponsor”) is the incumbent telecommunications provider in the Kingdom of Morocco. It has established itself as a regional operator with ten subsidiaries in Sub-Saharan Africa serving over 75 million customers, collectively the “Maroc Telecom Group” or the “Group.”The proposed IFC investment consists of eight individual loans for an aggregate amount of up to EUR375 million comprising of an A Loan of up to EUR234 million and up to EUR141 million in mobilized funding. Each loan will be backed by the Sponsor and be made available to the Group’s subsidiaries in Benin, Burkina Faso, Chad, Côte d’Ivoire, Gabon, Mali, Niger and Togo with loan proceeds being used to (i) refinance existing debt, and (ii) fund maintenance and expansionary capital expenditures including license acquisition and renewals. |
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 |