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IFC, part of the World Bank Group, is to loan US$3 million to the Kyrgyz Republic's largest private wholesale broadband operator, its first investment in the country.

Teraco Data Environments, Africa’s largest data centre provider, is considering expanding to Nigeria and Kenya, CEO Jan Hnizdo reveals. The company could create data centres of between 1MW and 4MW in those countries, Hnizdo says from Johannesburg. Nigeria and Kenya have the liberalised telecoms sectors that data centres need, he adds. Growing numbers of African internet users make it harder to serve the continent’s needs via offshore data centres in Europe or the US. Local capacity means faster connections speeds, and Africa’s data centre market is set to grow at a compound annual rate ...

25 february 2021 - 21:35:08 AO/VAO Panafrican News Agency Liquid Telecoms subsidiary raises US$840 million for long-term growth London, Britain (PANA) - Liquid Telecommunications Financing, part of the African telecoms group, Liquid Telecom, has arranged a bond and term loan totaling US$840 million to support its growth, the firm said Thursday

Strive Masiyiwa. Craig Warga/Bloomberg Liquid Telecom, controlled by African telecommunications tycoon Strive Masiyiwa, raised US$840-million (R12.4-billion) in a bond sale to refinance debt and expand further into Africa. The sale was conducted by joint bookrunners JPMorgan Chase & Co, Standard Chartered and Standard Bank Group, Liquid chief financial officer Kate Hennessy said on Thursday by e-mail. The amount raised includes a $100-million investment by the International Finance Corp. The offering was 5.5 times oversubscribed, Hennessy said. The level of interest from high-quality investo...

Liquid Telecom, majority owned by telecoms tycoon Strive Masiyiwa, raised $840 million in a bond sale to refinance debt and expand further into Africa.