Orabank Togo has just embarked on a new dynamic to improve infrastructure services for more than 500,000 people. The bank received from GuarantCo, a member of the Private infrastructure Development group (PIDG), a portfolio guarantee of 14.55 billion FCFA.

The portfolio guarantee concerns road network and telecommunications development projects in Togo. It should enable the bank to benefit from capital relief enabling it to develop its infrastructure portfolio while remaining within the limits of single debtors. The transaction will also improve infrastructure services for more than 500,000 people and contribute to the creation of hundreds of jobs through Orabank's ongoing commitments to infrastructure projects.