The move is aimed at addressing persistent electricity challenges that continue to limit digital access and economic activity in these markets.

The financing will go to IPT PowerTech, a telecom energy services company that provides power solutions to mobile network operators.

The project focuses on upgrading and managing 2,235 telecom tower sites across the three countries.

More than 90% of these sites are located in areas with little or unreliable access to national electricity grids, making energy supply a major constraint for network performance.

Across much of sub-Saharan Africa, telecom operators rely heavily on diesel generators due to unstable grid connections, a situation that increases costs and leads to frequent service disruptions.

IFC’s investment will support the deployment of solar and battery systems to power telecom infrastructure, reducing outages and lowering dependence on diesel fuel.

The initiative is expected to improve network stability and expand coverage, particularly in underserved and remote communities.

More reliable telecom services could strengthen access to digital tools for households, schools, health facilities, and small businesses, which increasingly depend on connectivity for everyday operations.

Nabil Haddad, Chief Executive Officer of IPT PowerTech Group, said the partnership reflects a shared ambition to transition the telecom sector toward cleaner energy.

“This agreement with IFC reflects a shared vision for a greener telecom industry. It empowers IPT PowerTech to scale its innovative energy platforms and deliver measurable environmental and operational impact across our global footprint,” he said.

IFC also emphasized the broader development impact of the investment, noting that energy reliability is a key enabler of digital growth across the continent.

Nathalie Kouassi-Akon, IFC’s Division Director for West Africa Gulf of Guinea, said: “Reliable and affordable power for telecom networks is a cornerstone of Africa’s digital transformation. Through this partnership with IPT PowerTech, we are supporting a scalable, private sector-led solution that enables mobile operators to extend coverage, improve service quality, and reach underserved and fragile communities more sustainably.”

Beyond improving connectivity, the shift to renewable energy is expected to lower operating costs for telecom companies and reduce carbon emissions, while supporting broader efforts to expand digital inclusion and economic participation across the region.