AfCFTA Credit Fund Launches With $10 Million Investment in Telecel Global Services
The Credit Fund under the African Continental Free Trade Area (AfCFTA) Adjustment Fund has officially made its inaugural investment, marking a significant milestone in the fund’s mission to support Africa’s economic integration. The fund has extended a $10 million senior secured amortizing loan to Telecel Global Services, a subsidiary of the Mauritius-based Telecel Group.
Photo courtesy of Malcolm Manners.
Source: Innovation Village (link opens in a new window)
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