AXIAN Telecom subsidiary Yas Comoros launched a new agreement with the International Finance Corporation (IFC) on Friday to promote the Union of Comoros’ digital transformation.
The alliance seeks to increase island-wide high-speed mobile and fixed broadband access to boost economic growth and social inclusion.
€25 million investment to accelerate Infrastructure and connectivity
To expedite the deployment of telecom infrastructure, enhance inter-island connectivity, and improve network quality, the IFC will provide Yas Comoros with a €25 million loan under the agreement.
After winning the country’s second telecom licence, IFC loaned the company €13 million in 2019 to launch its network. IFC’s first private sector investment in Comoros, the loan, was repaid in June 2025.
Yas Comoros is the fastest-growing entity within AXIAN Telecom, which is currently experiencing accelerated expansion. The new financing will allow the organisation to address the increasing demand for data services, improve the quality of its services, and invest in next-generation technologies, including 5G, fiber-to-the-home (FTTH), and fiber-to-the-office (FTTO), with deployment commencing in 2025.
Driving Comoros’ digital future through public-private partnership
Christophe Oliver, Chief Executive Officer of Yas Comoros stated, “This loan is an opportunity not only to modernise our network but also to invest in advanced technologies from 2025 including 5G rollout, FTTH, and FTTO and thus accelerate the digitisation of the Union of the Comoros over the next five years,”.
“We are committed to delivering improved connectivity solutions across the board for consumers, SMEs, corporates, and public sector institutions in alignment with the government’s digital vision.” He continued.
“This partnership with AXIAN Telecom marks a pivotal step in IFC’s commitment to accelerating digital transformation in Comoros and across Africa. This partnership not only supports the country’s digital ambitions, but also unlocks pathways for innovation, financial inclusion, and economic opportunity for all Comorians especially women, youth, and rural communities,” said Mehita Fanny, IFC Country Manager for Comoros, Eswatini, Madagascar, Mozambique and Seychelles. “Investing in digital infrastructure is central to IFC’s strategy to foster sustainable development, empower local entrepreneurs, and ensure that no one is left behind in the digital age.”
Commenting on the announcement, Minister of Post, Communications, Digital Economy and Transparency of Comoros, Oumouri Mmadi Hassani said: “This loan of 25 million EUR granted to Yas Comoros by the IFC represents a key milestone for the telecommunications sector in the Comoros. It will contribute to the expansion and modernisation of digital infrastructures, thus providing better connectivity to our entire population, particularly in rural areas. It will also support key projects to stimulate innovation and digital inclusion, enhancing the competitiveness of our businesses and contributing to the country’s digital transformation. This is a strong commitment to a sustainable digital future, which will promote economic growth and the well-being of Comorians. We are pleased about the effective involvement of the IFC, which, through this financing, contributes significantly to the development of Comoros’ digital economy with unparalleled transparency.”