press release

Yas Comoros, part of AXIAN Telecom, Secures €25 Million IFC Loan to Drive Digital Transformation in Comoros.

Moroni, Comoros 20th June 2025

Yas Comoros, a subsidiary of AXIAN Telecom, today announced a new partnership with the International Finance Corporation (IFC) to support the next phase of digital transformation in the Union of the Comoros. The collaboration aims to expand high-quality mobile and fixed broadband access across the islands, thereby fostering economic growth and advancing social inclusion.

Under the agreement, IFC will provide Yas Comoros with a €25 million loan to accelerate the deployment of telecom infrastructure, improve network quality, and enhance inter-island connectivity. This investment follows IFC’s previous €13 million loan in 2019, which supported the company’s initial network rollout after being awarded the country’s second telecom licence. The initial loan — IFC’s first private sector investment in Comoros — was fully repaid in June 2025.

Now in a period of rapid expansion, Yas Comoros is the fastest-growing entity within AXIAN Telecom. The new financing will enable the company to respond to rising demand for data services, enhance service quality, and invest in next-generation technologies such as 5G, fibre-to-the-home (FTTH), and fibre-to-the-office (FTTO), with deployment starting in 2025.

“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,” said Christophe Oliver, Chief Executive Officer of Yas Comoros. “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 modernization 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.”

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