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    Reference: 20210739
    Release date: 23 September 2022

    Promoter – Financial Intermediary




    The project relates to the deployment and operation of mobile towers for the provision of low-cost basic telecommunication services (voice and basic data service) in underserved rural areas of the Democratic Republic of Congo (850 towers) and Cameroon (242 towers) where the promoter's partner mobile operator is unwilling to rollout its fully-fledged network infrastructure due to lower financial profitability.


    The main objective of the project is to connect people to the digital economy in rural areas of the Democratic Republic of Congo and Cameroon through the rollout of a 2.75G network, thus supporting the countries' transition to a digital economy. The project deployment will result in significant positive social impacts through increased mobile coverage in underserved areas.


    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    USD 18 million (EUR 18 million)

    Total cost (Approximate amount)

    USD 37 million (EUR 37 million)

    Environmental aspects

    If it were located within the EU, the project would not fall under Annex I or II of the EIA Directive 2014/52/EU amending the Directive 2011/92/EU. Typically, the rollout of mobile telecommunication networks has limited environmental and social negative effects. Full environmental and social details will be assessed during appraisal.


    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.


    Approved - 5/10/2022


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Regional - Africa Telecom