Addleshaw Goddard Advises on $80M Orange Egypt Financing Deal

International law firm Addleshaw Goddard has played a key role in advising Banque Misr and the European Bank for Reconstruction and Development (EBRD) on a major syndicated financing deal worth $80 million for Orange Egypt, one of the country's top telecom providers. The firm’s involvement in this high-profile transaction reinforces its standing as a trusted legal advisor for complex cross-border financing arrangements.

Strengthening Telecom Infrastructure and Advancing 5G Rollout

This financing agreement marks a major step forward for Egypt’s telecommunications sector. With the new funds, Orange Egypt will enhance its network infrastructure and obtain a 5G mobile operating license, an essential move toward faster, more responsive digital connectivity. The 5G upgrade is expected to bring significant improvements in speed and network reliability, ultimately transforming user experiences for millions of Egyptians and supporting business innovation.

Joint Commitment from Banque Misr and EBRD

The loan has been structured into two equal parts, with both Banque Misr and EBRD contributing half of the total amount. Their joint investment reflects growing confidence in Egypt’s digital economy and its readiness to embrace next-generation mobile technology. The collaboration also underscores the financial sector’s ongoing support for national development strategies that prioritize connectivity and sustainability.

Promoting Sustainability Through 5G Technology

Beyond network improvements, the transaction carries broader environmental significance. The rollout of 5G is expected to be more energy-efficient compared to previous technologies, aligning with Egypt’s goals of reducing carbon emissions within the telecom industry. This deal, therefore, not only promotes digital advancement but also contributes to a greener, more sustainable future for the country’s infrastructure.

Sandeep Puri, Partner and Head of UAE Banking and Finance at Addleshaw Goddard, commented, “We are honoured to have supported Banque Misr and EBRD in facilitating this financing for Orange Egypt’s 5G rollout. The project not only reflects an important leap in the country’s technological infrastructure but also aligns with sustainability measures for a cleaner future.”

Led by Experienced Legal Advisors

Addleshaw Goddard’s role in the transaction was spearheaded by partner Sandeep Puri, with valuable support from associate Maral Nafar. Their combined expertise ensured that the legal and structural aspects of the financing were executed with precision and efficiency, enabling the deal to move forward smoothly.

Reinforcing a Regional Legal Powerhouse

This financing deal further strengthens Addleshaw Goddard’s reputation for delivering strategic legal advice on major transactions across the MENA region. The firm’s deep experience in both telecommunications and financial services positions it as a go-to advisor for high-value, transformative deals that drive progress across industries.