Maroc Telecom has announced the signing of a strategic partnership agreement with the IFC, a member of the World Bank Group, aimed at supporting the development of its telecom infrastructure in Chad and Mali.
The collaboration includes €370 million in financing to accelerate the modernisation of networks in these two sub-Saharan African countries.
According to a statement issued by the Moroccan telecom group, the financial support will enable the large-scale rollout of fourth-generation (4G) services, expansion of network coverage in rural areas, and an overall improvement in service quality for users. The initiative seeks to bridge the broadband access gap in underserved regions and foster digital inclusion.
Maroc Telecom also plans to strengthen its mobile payment services (Mobile Money), seen as a key driver of financial inclusion. Through this alliance with the IFC, the group aims to develop a high-value digital offering and consolidate its presence in strategic African markets.
Mohamed Benchaaboun, Chairman and CEO of Maroc Telecom, hailed the partnership as a major milestone in the implementation of the group’s pan-African strategy.
“This agreement with IFC reflects our shared commitment to inclusive digital development that benefits local populations and economies,” he stated.
The collaboration is part of broader efforts to enhance connectivity infrastructure across the continent, at a time when several African governments are banking on digital transformation to drive growth and improve public services.
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