IFC Invests in Orange Mali to Expand Digital Connectivity and Support Women's Digital Inclusion
Mali, Nov. 17 -- To expand access to quality and affordable connectivity and digital financial services in Mali, especially in rural areas, IFC today announced a partnership with Orange Mali SA to support the company to upgrade its infrastructure, expand broadband coverage, and ensure equal access to telecoms services for all communities.An €80 million loan (equal to about XOF 52.5 billion) from IFC and other investors will enable Orange Mali to install 300 new 4G towers and expand its fiber network to reach an estimated 300,000 households and smaller businesses in Mali. Half of the towers will be built in rural areas, increasing access to fast, affordable internet for education, business, and financial services. The financing package...
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