Wave Mobile Money
Sector: Government • Location: Senegal & Côte d’Ivoire
Source: Finnfund
To spur financial inclusion and support economic growth in Senegal and Côte d’Ivoire, Finnfund has made an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d’Ivoire S.A., mobile money firms that are helping lower prices and expand services in the region. The Project consists of a financing package of EUR 90 million comprised of a EUR 25 million loan from IFC, IFC B Loans of a combined
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | unknown |
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 | To spur financial inclusion and support economic growth in Senegal and Côte d’Ivoire, Finnfund has made an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d’Ivoire S.A., mobile money firms that are helping lower prices and expand services in the region. The Project consists of a financing package of EUR 90 million comprised of a EUR 25 million loan from IFC, IFC B Loans of a combined EUR 41 million from Symbiotics, Blue Orchard, responsAbility, and Lendable, as well as parallel loans of EUR 24 million from Finnfund and Norfund. The borrowers will use the proceeds of the financing to fund their working capital needs, including the pre-financing of agents and bill payments. |
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 |