Liquid Telecoms bond sale aims to boost African internet access — Quartz Africa
March 4, 2021 Liquid Telecom’s recent $620 million bond sale—one of the largest by an African telecoms company—should provide a big boost to the continent’s digital infrastructure, and chip away at a major barrier to more widespread internet access. One of Africa’s biggest internet and cloud computing companies, Liquid Telecom hopes to use the fresh financing to roll out connectivity infrastructure in existing areas, and grow its presence. The financing included $220 million in loans, bringing the total amount of capital raised to $840 million. “In the countries in which we operat...
Source: qz.com