On March 25, 2024, in Paris, the financing agreement between the French Public Investment Bank (BPI France) and Guinean Fiber Optics (GFO) was signed. This €8,982,000 buyer’s credit, with a 15% down payment from GFO, will enable: Increasing the density of the GFO network in Greater Conakry Deploying metropolitan networks in at least three regional capitals Acquiring high-quality monitoring and intervention equipment.
The support of shareholders EDG and MOUNA, as well as the guarantee provided by MOUNA GROUP TECHNOLOGY, were crucial. This is the largest BPI financing for a private company in West Africa in the telecommunications sector and the very first buyer’s credit transaction with the private sector in Guinea.
