Project Notice |
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| PNR | 71318 |
| Project Name | Orange Egypt for Telecommunications S.A.E. |
| Project Detail | Provision of a senior loan of EUR 39m to Orange Egypt for Telecommunications S.A.E. (Orange Egypt or the Company), one of the leading mobile network operators in Egypt and a subsidiary of global telecom operator Orange SA. Orange Egypt intends to use the proceeds from the loan to finance the acquisition of a 5G license from the NTRA (National Telecommunications Regulatory Authority), which would allow the Company to provide 5G services to consumers and businesses in the country. Project Objectives Monitored project objectives will include: Improved access to best-standard mobile technologies Increased mobile broadband speeds across the Companys network Energy usage and CO2 emission (Scope 3) reduction |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Telecommunications |
| Country | Egypt , Northern Africa |
| Project Value | EGP 155,398,000 |
Contact Information |
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| Company Name | European Bank for Reconstruction and Development (EBRD) |
