IPT PowerTech on-site power for telecom sites
IPT PowerTech has secured investment from the International Finance Corporation (IFC) to expand clean on-site power for telecom networks in Ethiopia, Liberia and Sierra Leone
The funds will support the modernisation, operation and maintenance of 2,235 telecom sites across the three countries, more than 90% of which are located in off‑grid or weak‑grid locations.
“This agreement with IFC reflects a shared vision for a greener telecom industry,” said Nabil Haddad, CEO of IPT PowerTech Group, a company based in Lebanon.
“It empowers IPT PowerTech to scale its innovative energy platforms and deliver measurable environmental and operational impact across our global footprint.”
With new solar and battery systems powering most of the sites, mobile networks will experience fewer outages, improved service quality, and reduced reliance on diesel generators, an IFC statement noted.
By improving the quality and stability of on-site power to telecom towers, the initiative will strengthen coverage and ensure households, schools, health centres and small businesses can rely on more consistent digital services.
It will also bring with it cost savings. Optimising the energy mix is estimated to reduce power costs for operators by up to 30% in Liberia, 26% in Sierra Leone, and 52% in Ethiopia, the IFC statement added.
“Reliable and affordable power for telecom networks is a cornerstone of Africa’s digital transformation,” said Nathalie Kouassi-Akon, IFC division director, West Africa Gulf of Guinea.
“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.”
To enable the expansion, IFC is providing a US$45mn corporate financing package consisting of an A‑Loan of US$27mn and US$18mn in blended finance from the Canada‑IFC Blended Climate Finance Program and the IDA20 Private Sector Window Blended Finance Facility.
It marks IFC’s first direct infrastructure engagement in Liberia in a decade and in Sierra Leone in six years and will help scale solar‑ and battery‑based power systems that reduce reliance on diesel and support greener, more resilient telecom networks.
“This investment demonstrates how innovative InfraTech solutions can simultaneously strengthen connectivity, reduce emissions, and unlock economic opportunity at scale,” said Kouassi-Akon.
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