Trending
Latest

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

The investment will aid in the purchase and development of telecom towers across the Democratic Republic of Congo (DRC) for the country’s mobile network operators (MNOs).

By João Marques Lima

Founder and Editor, The Tech Capital

2 Mins

July 05, 2023 | 11:41 PM BST

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

Nina Triantis, Global Head of Telecoms, Media and Technology (TMT) at Standard Bank Group. Source: Standard

The Tech Capital

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).

Premium Article

Subscribe free for unlimited premium access to The Tech Capital.com

The Tech Capital
Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

Share this article
Keywords
More From

João Marques Lima

Founder and Editor, The Tech Capital

Related Articles