TowerXchange have spoken to many tower entrepreneurs who are struggling to access capital to scale their business. Perhaps the portfolio is too small to attract the commercial banks. Perhaps there is too much country risk. Sometimes development finance can bridge that gap. DFIs can also be a long term business partner for towercos small and large. Of the plethora of DFIs with an appetite for towers, the IFC are perhaps the most experienced. In this interview, TowerXchange spoke to IFC’s “tower guy” Eric Crabtree to understand their appetite for this asset class.
TowerXchange: Please introduce our readers to the IFC and specifically to your engagements with the telecom tower industry.