- €270 million in long-term financing to support African telecoms champion Yas in expanding digital infrastructure
- Landmark transaction marking the EBRD’s first local-currency financing and first A/B loan in sub-Saharan Africa
- Investment to strengthen competition, improve service quality and support inclusive digital growth
The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to €270 million to Yas, a leading pan-African telecommunications company owned by AXIAN Telecom, to support the expansion of digital infrastructure and improve connectivity across Africa.
The investment marks the EBRD’s first project in Senegal and is a landmark transaction for the Bank in sub-Saharan Africa, combining long-term financing, local-currency support and the mobilisation of institutional capital.
The financing includes a committed facility of up to €170…
