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- Operations
- Zain Communication (Ghana) Limited
Zain Communication (Ghana) Limited
Ghana
Borrower | Zain Communication (Ghana) Limited |
Financing Type | Private Sector & Trade Finance |
Instrument | Private Sector Debt |
Focus Area | Telecom |
Approved | 17.06.2009 |
Signed | 25.06.2009 |
Status | Completed |
Loan Administrator | OPEC Fund |
Co-financiers | Ericsson, IFC |
OPEC Fund Contribution (US$m) | 12.50 |
In 2009, Zain Communications (Ghana) Limited launched commercial services in Ghana with the introduction of a 3.5G network,which is rapidly being rolled out across the country.The network offers high-speed Internet access and, for the first time in Ghana, the possibility to make video-calls and use multimedia content. By enhancing competition, lowering tariffs and improving the overall quality of cellular services, this project will improve the availability of reliable and affordable communications for domestic and business consumers. It will also make available high quality jobs, while creating employment opportunities in adjacent sectors, such as network construction and maintenance and mobile supplier/distribution.