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The Tech Capital Africa50 tops $6.6bn in critical infrastructure investments

African investment platform Africa50 has reached the milestone of US$6.6 billion in investments over the course of six years. Founded in 2017, the group was established by African governments and the African Development Bank to mobilise financing for mega infrastructure projects with significant development impact including digital infrastructure. The platform has recent...

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...

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