The Coris group supports the telecommunications company Orange Niger in the financing of its 2020 investment plan through a loan of 31 billion FCFA for the modernization of its network.
This operation is therefore part of Orange Niger’s growth strategy for the coming years but is also in line with the positioning of Coris Bank International, which has been present on the Nigerien financial market for barely a year but is already very active in large-scale structured support and innovation at the service of its customers and partners.
As announced by the Director General of CBI Niger, Ms. Rakiatou Idé Issaka: “In a context where the telecoms sector is experiencing strong technological changes with significant development challenges, this strategic partnership with our bank, Coris Bank International, will allow us to strengthen the relationship of trust and consolidate the local commercial dynamic. Our ambitions for Niger are strong and they cover the extension of the distribution network in the short and medium term; commitment to the digital transformation of processes, products and services; the launch of the Islamic branch; the spin-off and ISO 9001 version 2015 certification of the Quality Management System”.
These funds thus raised will be used to finance Orange Niger’s investment plan for the 2020 financial year, in particular:
- Acquisition of the 4G license
- Modernization and extension of the network
- The deployment of 4G and 4G+ technologies
