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Ivory Coast

The Tech Capital IFC, Standard Bank loan nearly $100m to African cell tower operator

African tower operator Eastcastle Infrastructure has executed a US$92 million loan facility to support new telecommunications infrastructure throughout the Democratic Republic of Congo (DRC). The facility was arranged by the International Finance Corporation (IFC) and in partnership with Standard Bank Group which acted as co-lead mandate arranger and will provide US$32 mill...

The Tech Capital Raxio Data Centres secures sustainability-linked debt facility of up to $170m

Raxio, Roha and Meridiam have secured a sustainability-linked debt facility of up to US$170 million in multiple tranches for Raxio Data Centres, a pan-African data centre developer and operator. The financing package includes US$110 million from Proparco and the Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company. The fin...

April 18

The Tech Capital Oracle, Orange join forces to expand West Africa cloud infrastructure

Oracle (NYSE: ORCL) and Orange S.A. (EPA: ORA) have signed a collaboration agreement as part of a joint plan to accelerate cloud-led digital transformation in West Africa. Under the agreement, the two companies will assess plans to build Oracle Cloud regions using Orange’s infrastructure in Senegal and Ivory Coast. The companies also announced plans to jointly offer cl...

November 01

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