Thursday
June 29
2023

Emerging Africa Infrastructure Fund Invests $30 Million in Eastcastle Infrastructure

The Emerging Africa Infrastructure Fund (EAIF) has committed $30m to Eastcastle Infrastructure, a platform company that owns, operates, and develops shared telecom tower infrastructure in countries across Africa. The investment enables the purchase and development of telecom towers across the Democratic Republic of Congo (DRC) for the country’s mobile network operators (MNOs).

Source: Africa Global Funds (link opens in a new window)

Categories
Investing, Technology, Telecommunications
Tags
infrastructure, MSMEs