24 June 2025
The International Finance Corporation (IFC) has announced the signing of a strategic partnership with Maroc Telecom.
Through this agreement, IFC will extend two loans totalling €370 million to support the expansion of mobile connectivity and improve internet quality in Chad and Mali — two key markets within Maroc Telecom’s regional strategy in sub-Saharan Africa.
This financial injection aims to accelerate the deployment of 4G networks, modernise existing infrastructure, and broaden network coverage, especially in underserved regions. The initiative is designed to meet increasing demand for mobile services while fostering growth in high-impact areas such as Mobile Money, a vital tool for financial inclusion in countries where a significant portion of the population remains outside the formal banking system.
The IFC’s involvement underscores its commitment to supporting cross-border investments led by regional players like Maroc Telecom. The organisation emphasises the vital role of the private sector in driving Africa’s digital transformation, especially in fragile or post-crisis nations. Digital technology is viewed as a key driver for job creation, skill development, and the emergence of innovative, high-value services. These investments also align with the African Union’s goal to establish a unified, secure digital market across the continent by 2030.
