Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, and its fund manager, Ninety One, have committed a $31 million debt facility to Paratus Group Holdings Limited (Paratus) to finance the expansion of its fibre and data centre business over the next three years.
EAIF extends $31m debt facility to Paratus to expand Africa fibre, data centre business engineeringnews.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from engineeringnews.co.za Daily Mail and Mail on Sunday newspapers.
Fibre and satellite connectivity provider Paratus Group secured a US$31 million debt facility from Private Infrastructure Development Group, to expand its fibre and data centre business in Africa into 2026.
KARACHI: Pakistan’s weak public finances limit its spending on infrastructure, which is among the lowest in the region and well below the required level, experts said on Saturday.The country.