Results Monitoring Database

Rack Centre, Nigeria [1241]

Facility: GuarantCo
PIDG Commitment (US$m): 9.35
Co-Financed with another PIDG Facility: No
Recipient of PIDG Funding: Rack Centre Limited
Jurisdiction of Recipient: Nigeria
Country: Nigeria
Region: Sub-Saharan Africa
DAC Type: Lower Middle Income Country or Territory
Fragile State Type: Fragile State
Sector: Telecoms
Climate Change Mitigation Tier: 3
Climate Change Adaptation: 3
Status: Fin. Closed / Sold / Loan, G'tee, Mandate Signed
Start Year: 2014
Close Year: 2014
Post-Completion Monitoring Form Completed: Yes
Year of Post-Completion Monitoring: 2016
Expected Date of Operation: 12/2015
Actual Date of Operation: 12/2015
Total Investment Commitment (Predicted) (US$m): 29.00
Total Private Sector Investment Commitment (Predicted) (US$m): 29.00
Total Investment Commitment (Actual) (US$m): 29.00
Total Private Sector Investment (Actual) (US$m): 29.00
People with Improved Access to Infrastructure (Predicted): 1420000
People with Improved Access to Infrastructure - Male (Predicted): 884000
People with Improved Access to Infrastructure - Female (Predicted): 536000
People with Improved Access to Infrastructure (Actual): 1420000
People with Improved Access to Infrastructure - Male (Actual): 884000
People with Improved Access to Infrastructure - Female (Actual): 536000
Fiscal Impact - Total Taxes Paid (Predicted) (US$m): 49.20
Short Term Jobs Created (Predicted): 60
Short Term Jobs Created (Actual): 60
Long Term Jobs Created (Predicted): 38
Long Jobs Created (Actual): 38