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Breaking News | Africa: Emerging Africa Infrastructure Fund's Loan Book Breaks U.S.$1 Billion Mark


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The Private Infrastructure Development Group’s (PIDG) long-term infrastructure debt business, the Emerging Africa Infrastructure Fund (EAIF) saw its loan book break through the US$1 billion mark in 2020, with Zimbabwe becoming the 18th African country in its current portfolio.
EAIF signed eight new projects, bringing the loan book value to US$1,04 billion. The Fund committed $243 million in new loans to businesses in digital and telecommunications, energy generation, manufacturing, transportation and logistics and bulk storage.
Managed by asset managers, Ninety One, EAIF offers loans to mainly private sector infrastructure developers across Africa and parts of the Levant.
It can lend between US$10 and US$65 million to 10 infrastructure sectors. In 2020, Zimbabwe became the 18th African country in the fund’s current loan portfolio to benefit from EAIF support. ....

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TelOne Zimbabwe deploys Tejas TJ1600 DWDM/OTN platform


Tejas Networks says it has supplied its TJ1600 DWDM/OTN platform to TelOne, an ISP in Zimbabwe. TelOne will use the 100G and greater wavelength transmission capabilities on its network throughout the African country.
TelOne provides telecommunications services to homes, businesses, educational institutions, and government departments across Zimbabwe via a robust fiber backbone network. It also is a shareholder in the West Indian Ocean Cable Co. (WIOCC), which has a major stake in the East African Submarine System (EASSy) submarine cable. TelOne’s network connects to multiple other cable landing stations as well.
“TelOne offers access to a vast network footprint in Zimbabwe,” explained Chipo Mtasa, managing director at TelOne. “With rising demand for bandwidth and higher speeds from our customers, we were looking for a versatile solution that could significantly expand the capacity on our existing fiber network with incremental investments. We were impressed by th ....

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