Orange Egypt for Telecommunications S.A.E.

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Overview

Provision of a senior loan of EUR 39m to Orange Egypt for Telecommunications S.A.E. ("Orange Egypt" or the Company"), one of the leading mobile network operators in Egypt and a subsidiary of global telecom operator Orange SA.

Orange Egypt intends to use the proceeds from the loan to finance the acquisition of a 5G license from the NTRA (National Telecommunications Regulatory Authority), which would allow the Company to provide 5G services to consumers and businesses in the country.

Project ID 53308

Status Disbursing

Location

Egypt

Business Sector

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Company Contact Information

Mohamed Sayed, Chief Financial Officer of Orange Egypt
mohamed.abdelmoaty@orange.com
https://www.orange.eg/en/

Project ID 53308

Status Disbursing

Location

Egypt

Business Sector

Notice Type

Private

Environmental Category

Approval Date

15 Jan 2025

Disclosure date

03 Jun 2025

As permitted by paragraph 2.6 of Section III of the Access to Information Policy, disclosure of this PSD was deferred in accordance with paragraph 1.4.4 of the Directive on Access to Information.

Project Description

Project Objectives

Monitored project objectives will include:

Improved access to best-standard mobile technologies
Increased mobile broadband speeds across the Company's network
Energy usage and CO2 emission (Scope 3) reduction

Transition Impact

ETI score: 65

The transition impact of the Project relates to the Competitive and Green qualities.

Primary Quality i Competitive: by supporting Orange Egypt's license purchase, the Bank will enable the Company to roll out 5G service i ultimately enabling consumers and businesses to access significantly improved connection speeds, greater capacity, lower latency, and new use cases.

Secondary quality i Green: the new licence will enable Orange Egypt to roll out 5G mobile services, whereby the 5G technology is more energy efficient (joules per bit) than its predecessor. Considering ever-increasing data traffic volumes and accelerated digitalisation efforts, 5G enables higher data transfer capacity at faster speeds with improved energy efficiency.

Client Information

ORANGE EGYPT FOR TELECOMMUNICATIONS SAE

EBRD Finance Summary

USD 45,398,000.00

Total Project Cost

USD 155,398,000.00

Additionality

Financing structure: EBRD offers a large volume instrument in foreign currency that fills a market funding gap and is required to structure the project.

Risk mitigation: EBRD is sharing the loan amount with Banque Misr.

Technical Cooperation and Grant Financing

n.a.

Company Contact Information

Mohamed Sayed, Chief Financial Officer of Orange Egypt
mohamed.abdelmoaty@orange.com
https://www.orange.eg/en/

PSD Last Updated

03 Jun 2025

Understanding transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with the EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and its associated Environmental and Social Requirements (ESRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”. The ESP and the ESRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation, and to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about the environmental and social (E&S) performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD also requires its clients to disclose information, as appropriate, about the risks and impacts of projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all of the Bank's activities in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The EBRD believes that identifying and resolving issues in the project assessment and approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts andhelps to monitor integrity risks in projects post-investment.

OCCO is further responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, either within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. OCCO will follow-up all matters reported. It will review all matters reported. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP, which entered into force on 1 January 2025, sets out how the EBRD discloses information and consults with its stakeholders to promote better awareness and understanding of its strategies, policies and operations. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (for example, through the client’s project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the mechanism is: to support dialogue between project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or the project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate and how to submit a Request for review. Alternatively, contact IPAM by email at ipam@ebrd.com for guidance and more information on IPAM and how to submit a request.

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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Orange Egypt for Telecommunications S.A.E.

Overview

Project timeline

Company Contact Information

Project Description

Project Objectives

Transition Impact

Client Information

EBRD Finance Summary

Total Project Cost

Additionality

Technical Cooperation and Grant Financing

Company Contact Information

PSD Last Updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)

Orange Egypt for Telecommunications S.A.E.

Overview

Company Contact Information

Project Description

Project Objectives

Transition Impact

Client Information

EBRD Finance Summary

Total Project Cost

Additionality

Environmental and Social Summary

Technical Cooperation and Grant Financing

Company Contact Information

PSD Last Updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)