Home Africa Maroc Telecom secures $400M to boost 4G in Chad and Mali

Maroc Telecom secures $400M to boost 4G in Chad and Mali

Maroc Telecom secures $400M to boost 4G in Chad and Mali
Maroc Telecom secures $400M to boost 4G in Chad and Mali

Maroc Telecom has secured a major financial boost to expand its operations in Chad and Mali, thanks to a long-term partnership with the International Finance Corporation, the private sector arm of the World Bank. The deal marks a strategic move by the Moroccan telecom giant to deepen its footprint in sub-Saharan Africa.

The agreement includes two loans totaling 370 million euros, which will be used to strengthen 4G networks in both countries. The aim is clear: make faster and more reliable internet widely accessible—not just for everyday users, but for businesses as well. By upgrading mobile infrastructure, Maroc Telecom hopes to fuel digital growth and close the connectivity gap in regions that have long been underserved.

For over twenty years, the company has been active in the sub-Saharan market, with a consistent focus on modernizing telecom systems. This latest investment underscores its commitment to expanding network coverage, improving service quality, and accelerating the rollout of mobile broadband. It’s part of a broader vision that positions high-speed internet as a vital engine of economic development.

But the company’s ambitions go beyond cables and signal towers. Maroc Telecom is also looking to scale up its digital services, especially in Mobile Money, a sector that plays a pivotal role in promoting financial inclusion. The company sees its mission in the region as both economic and social, placing sustainable development at the heart of its operations.

This initiative aligns with the African Union’s vision of building a unified digital market across the continent by 2030—a goal that depends heavily on robust telecom infrastructure and accessible digital services.

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