Millicom International Cellular SWE : and Reach for Change - Special 5th anniversary social impact report

Luxembourg, 27 September, 2017 -Millicom International Cellular S.A. and Reach for Change are celebrating 5 years of driving locally led development of youngsters in Africa, highlighting how corporate and non-profit organizations can work together to contribute innovative approaches to achieve the Sustainable Development Goals (SDG). To mark the anniversary, the partners released a special5th anniversary social impactreport*.

Since the start in 2012 the partnership has supported 194 exceptional, passionate and creative social entrepreneurs - individuals bringing innovative solutions to society's most pressing social problems - working to improve communities and the lives of children (0-18 years) in Ghana, Rwanda, Tanzania, Chad and Senegal. The social entrepreneurs have in turn improved the lives of 869,687 children through the support they have received.

The support provided to the social entrepreneurs consists of organisational funding and technical expertise provided by Millicom every year, and of Accelerator and Incubator programs provided by Reach for Change, aimed to transform innovative ideas into working social enterprises.

"At Millicom we are passionate about the power of digital technology to advance people's lives both financially and socially. We are proud of our partnership with Reach for Change and the positive change the Tigo Digital Changemakers Program is making in the areas of digital inclusion, financial inclusion, business entrepreneurship and education. It is really inspiring to see those African social entrepreneurs turn their ideas into reality and find digital solutions that address the social challenges in their countries and impact the lives of hundreds of thousands of young people," said Millicom's Africa Executive Vice President Mr. Mohamed Dabbour.

The Accelerator and Incubator programs provide training and support to help enterprises achieve measurable social impact, financial sustainability and scale and

provide awardees with access to global networks of entrepreneurs, corporate partners and prospective investors as well as a one-time financial grant.

"With the increased focus on achieving the sustainable development goals, partnerships like what Reach for Change has with Millicom in Africa highlight the power of SDG17 - partnering for the goals. Millicom played a crucial role in our ability to establish accelerators and incubators to support African social entrepreneurs, and to impact hundreds of thousands of lives across the continent over the past 5 years," said Amma Sefa-Dedeh Lartey, the Africa Regional Director of Reach for Change. "This partnership really highlights the immense impact that can be achieved when companies and non-profits join forces to promote local-driven development and change in African societies."

*The Millicom and Reach for Change 5th anniversary social impact report can be found at: http://www.millicom.com/media/3029/r4c-five-year-impact-report.pdf.

Millicom is a leading provider of cable and mobile services dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing high speed broadband and innovative digital lifestyle services through its principal brand, Tigo. As of December 2016, Millicom provided mobile services to more than 25 million customers in Africa.

Reach for Change Africa is a non-profit organization that invests in innovative, early-stage social entrepreneurs who are addressing problems faced by children, youth and women in seven countries across the continent; Ghana, Senegal, Chad, Ethiopia, DR Congo, Rwanda and Tanzania. Reach for Change runs innovation competitions and provides Accelerator and Incubator programs to exceptional social entrepreneurs who are supported to scale their innovations through funding, access to technical and organizational management expertise, and networking opportunities. Reach for Change Africa is a part of the global organization Reach for Change which operates in 17 countries worldwide.

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Vivian Kobeh, Corporate Communications Director

Tel: +1 305 476 7352 / +1 305 302 2858 / press@millicom.com