EAIF backs Sonatel's digital leap with $39m receivables-backed bond


The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed XOF23.5bn (US $39m) to a XOF75bn (US $124,6m) receivables-backed bond issued by securitisation vehicle Fonds Commun de Titrisation de Créance. This financial support is dedicated to West African telecommunications carrier Sonatel's expansion, modernisation, and digital transformation plan in Senegal and beyond.


All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.
Posted on Jan 24, 2024
Region: West Africa
receivables securitisation
EAIF, PIDG, Fonds Commun de Titrisation de Créance, Sonatel