The International Finance Corporation (IFC) has announced a significant financial package for Orange Mali, aimed at facilitating solar-powered network upgrades and expanding digital connectivity across the country. This funding will accelerate the expansion of 2G, 3G, and 4G services, particularly in the underserved rural areas of Mali, bridging the digital divide with sustainable energy.
Loan to Support Orange Mali solar upgrade
A total financing package of €80 million (approximately XOF 52.5 billion) will facilitate the deployment of 300 new 4G towers and expand Orange Mali’s fiber network. The funding consists of a €50 million loan from IFC’s own account and an additional €30 million mobilized from the West African Development Bank (BOAD), a key partner in projects like Mali off-grid solar.
A cornerstone of this initiative is the focus on sustainability. The new radio towers will be solar-powered, replacing traditional diesel generators. This green transition is expected to reduce carbon emissions by over 8,000 tons annually, contributing to Mali’s climate goals and aligning with the country’s broader push towards renewable energy, as seen in the development of the large-scale Mali solar power plant. The success of such projects relies on a robust solar panel manufacturing process to supply the necessary equipment.
“As the largest private sector investor in Mali, we are committed to expanding the private sector, creating jobs, and supporting essential services such as telecommunications. Our collaboration with Orange Mali will broaden access to mobile services for thousands of Malians,” said Jessica Schnabel, IFC Country Manager for Mali.
Expanding Network Coverage in Rural Mali with Orange Mali solar upgrade
This investment will assist Orange Mali—the leading mobile operator in the country—in expanding its network coverage to an estimated 1.7 million additional people. A key focus is on digital inclusion, with half of the new towers slated for construction in rural regions where connectivity is limited. The project also aims to extend the fiber network to approximately 300,000 households and small businesses, providing them with faster and more reliable internet.
Structured as a Social Loan, the investment specifically targets areas at risk of digital exclusion. As part of this commitment, Orange Mali will increase the proportion of women in its digital training programs to 70% by 2032, empowering them with vital skills for the digital economy.
“By collaborating with IFC, we are strengthening our position as the leading telecommunications provider in Mali and expanding our network to serve more people. This will enable more Malians to access the digital world and enjoy the benefits of connectivity,” said Brelotte Ba, CEO of Orange Mali.
IFC’s Commitment to Orange Mali solar upgrade
This investment underscores IFC’s dedication to Mali, where it has invested over $400 million in the past four years. The project aligns with Mali’s Digital 2020 strategy and the World Bank Group’s Digital Economy for Africa Initiative, both of which aim to harness technology for economic growth and job creation. The IFC’s strategy of backing crucial infrastructure is a regional trend, as seen in its support to improve Gambia electricity access through solar investments.
The financing is further supported by the World Bank Group’s International Development Association (IDA) Private Sector Window, which helps provide long-term, local currency financing in challenging markets. IFC’s investment portfolio in Mali continues to focus on high-impact sectors such as agribusiness, energy, and telecommunications, fostering sustainable development across the Sahel region.
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