IFC funds IPT PowerTech solar shift in three nations

IFC just dropped 45 million dollars to swap diesel for solar at thousands of telecom towers so remote African communities finally stay online without blackouts.

IPT PowerTech expansion

• IFC backed IPT PowerTech with a 45-million-dollar corporate financing package.
• The cash modernizes 2235 telecom sites across Ethiopia, Liberia, and Sierra Leone.
• Over ninety percent of those sites sit in off-grid or weak grid zones.

Energy shift

• New solar and battery setups cut outages while slashing diesel use sharply.
• Power costs drop up to fifty-two percent in Ethiopia, twenty-six percent in Sierra Leone, and thirty percent in Liberia.
• Annual emissions fall by more than ten thousand six hundred twenty-four tCO₂e.

Broader wins

• Households, schools, health centers, and small businesses gain steadier mobile service.
• The project opens technical leadership roles for women in the sector.
• It marks IFC's first direct infrastructure deal in Liberia in a decade and Sierra Leone in six years.