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Supporting access to telecom services in Senegal’s rural areas

Project

Climate
AktivCo Senegal
Signature date
Location
Multi-country Global, Senegal
Financing tool
Loan
Financing amount (Euro)
13500000
Financing details
EUR 13,500,000 loan
Customer
AktivCo Sénégal
Type of customer
Company
Country of headquarters
Senegal
Project number
PZZ1674
Environmental and social ranking
B+
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This information is given at the time of signature, without prejudice to any developments in the operation/project.

After supporting the development of AktivCo’s activity in five Sub-Saharan African countries in 2021, Proparco has renewed its partnership with this key player for its expansion in Senegal.

Client presentation

AktivCo, a subsidiary of Camusat Group, was set up in 2015. It supports telecom operators that want to outsource the energy supply of their telecom towers. This innovative segment is called T-ESCO (Telecom - Energy Service Company) and allows the owner of a telecom tower to subcontract the site’s electricity supply to a specialized third party responsible for deploying, financing and operating the electricity assets under a long-term contract. 

For this project, AktivCo is also installing the tower itself (passive infrastructure) on an area of the sites.

Project description

Proparco has allocated a EUR 13.5m loan to support AktivCo’s activities in Senegal.

Project impact

The main economic, environmental and social impacts of this project are:

  • AktivCo’s activity in Senegal supported through the installation of new off-grid electricity supply sites for telecom towers
  • Climate co-benefits through the installation of hybrid supply systems (integrating REN) and a reduction in the dependence of telecom towers on fossil fuels (70% of the financing qualifies as “climate-mitigation”)
  • People, partly living in remote rural areas, will have access to high-quality telecom services (101,421 beneficiaries supported through the project) 
  • 5,214 direct and indirect jobs supported

The project will thereby contribute to the achievement of SDG 7 (Affordable and clean energy), SDG 8 (Decent work and economic growth), SDG 9 (Industry, Innovation and infrastructure), SDG 10 (Reduced inequalities) and SDG 13 (Climate action).

AktivCo 2021