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IFC, Proparco and RMB Partner With WIOCC Group to Raise Over $50 Million to Invest in Digital Infrastructure in Africa
With this funding, WIOCC plans to expand its core and edge data centres in the Democratic Republic of the Congo, Nigeria and South Africa to meet data centre services.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Investment Africa Data Centres Gets Over $100 Million Funding From RMB
The partners in the deal say the financing agreement demonstrates the strong financial position of Africa Data Centres and its commitment to investing in the digital transformation of South Africa.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion
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Helios Towers’ Public Listed Bond, Co-anchored by BII, Mobilises Private Capital of Over $700 Million to Support Africa’s Digital Transformation
BII is providing $30m anchor commitment, alongside other anchor investors including IFC, DEG and the Emerging Africa Infrastructure Fund.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Safaricom Ethiopia to Use Locally Manufactured Telecom Towers
Safaricom Ethiopia hopes the new towers will help it expand its network and customer base which now stands at 4.4 million.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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India’s Top Telco Ventures Outside Home to Take on Africa
Reliance Jio became a top telecoms player in India, with more than 40% of the market share, within 8 years of launching there.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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TowerCo Gets $30 Million from UK Agency for Telco Towers in Tanzania
ToA Tanzania focuses on owning and operating passive telecommunications infrastructure for lease to mobile network operators.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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M-Pesa and Data Revenue Push Safaricom to First Profit Growth in Three Years
Revenues from M-Pesa grew 20% year-on-year, reaching $1 billion (KES140 billion) from $891.3 million.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
-
Bayobab Acquires MTN Zambia’s Fibre Assets to Further Growth Plans
According to Bayobab, the milestone marks a major step in its strategic growth plans in line with the company’s 2025 targets set by MTN.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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