EBRD, Banque Misr provide $80m syndicated loan to Orange Egypt for 5G expansion

Orange Egypt secures $80m loan for 5G license and network expansion - SatellitePro ME

Orange Egypt has obtained a syndicated loan of approximately $80m to support its acquisition of a 5G mobile license and the rollout of next-generation telecommunications infrastructure. The financing package is backed by the European Bank for Reconstruction and Development (EBRD) and Banque Misr, with the EBRD contributing €39m and Banque Misr’s Dubai branch providing $40m, or roughly €35.6m. The funding will enable Orange Egypt, a telecommunica…

EBRD, Banque Misr provide $80m syndicated loan to Orange Egypt for 5G expansion

The European Bank for Reconstruction and Development (EBRD) and Banque Misr have extended a syndicated loan of approximately $80m to Orange Egypt to support the company’s acquisition of a 5G mobile license and rollout of next-generation network infrastructure. The financing package includes €39m from the EBRD and $40m (around €35.6m) from Banque