The European Bank for Reconstruction and Development EBRD and Tunisie Telecom, Tunisia's national telecom operator, are partnering to improve the country's digital infrastructure and drive the company's transformation.
The up to 190 million EBRD development-linked loan will be disbursed in four tranches, including a first committed tranche of 50 million. The loan will finance multi-year investments in upgrading Tunisie Telecom's mobile access network from 4G to 5G, expanding its fibre network, connecting up to 200,000 Tunisian households to fibre-to-the-home, and modernising the company's backbone and core network, as well as targeted investments in energy efficiency and energy production.
To enhance the country's international connectivity, the loan will also finance Tunisie Telecom's connection to the MEDUSA submarine cable, a subsea cable network in the Mediterranean Sea, supported by the European Union EU and led by Spanish company AFR-IX, which spans more than 8,000 kilometres and connects close to 13 countries in Europe, North Africa and the Middle East.
