KENYA TELECOM EXPANSION (EIB-20170635)

Regions
  • Africa
Where the impacts of the investment may be experienced.
Countries
  • Kenya
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
TELKOM KENYA LTD
The holder of the loan, grant, or other investment.
Sectors
  • Communications
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 92.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ EIB website

Updated in EWS Sep 13, 2018

Disclosed by Bank Jan 17, 2018


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Project Description

According to EIB website, the project aims to expand the coverage and capacity of its mobile telecommunications network (3G and 4G) as well as its FTTB (Fibre To The Building) network to provide fixed broadband services to small businesses and corporate customers in Kenya. The project will include access, core and transmission components as well as improved IT systems. Further, it will invest in its mobile network to improve its coverage and quality of service, especially for mobile services, and will launch an open eco-system mobile financial services product that enables deepening of financial inclusion in the country.

Further, the environmental details including the compliance with the Electromagnetic Field emissions regulations, CO2 footprint (if needed) and other possible impacts will be assessed during the appraisal.

Investment Description
  • European Investment Bank (EIB)
Contact Information

No contact information provided at the time of disclosure. 

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