HTT INFRACO LIMITED
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
HTT Infraco Ltd (HTT) is a subsidiary of Helios Towers Africa Ltd (HTA). HTA is one of three independent African telecom tower operators that provide passive infrastructure services to the continent’s mobile network operators. Established 2009, HTA operates more than 5,200 telecommunication towers and associated infrastructure in Ghana, the Democratic Republic of the Congo and Tanzania.
What is our funding objective?
Construction of around 680 build-to-suit towers over the next 18 months and growth of 900 co-location tenancies to support the development of the telecoms industry.
Why do we fund this investment?
FMO is funding this project to support economic growth, and inclusiveness. HTT aims to increase the number of tenants per tower. In doing so, mobile network operators can expand and increase the density of their networks more rapidly, thereby increasing mobile and data penetration rates which will be beneficial to end-users. The latter are strongly correlated with economic growth. Tower companies provide infrastructure which improves quality, availability and affordability of voice and data services for end-users, also in rural areas.
More investments
| Date | Total FMO financing |
|---|---|
| 3/28/2017 | USD 22.30 MLN |
| 3/28/2017 | USD 15.00 MLN |
- Website customer/investment
- http://www.httanzania.com
- Region
- Africa
- Country
- Tanzania, United Republic of
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 2/11/2015
- End date
- 3/28/2017
- Total FMO financing
- USD 5.00 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B