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BREAKING NEWS
  • South Africa’s Teraco boosts capacity to 185MW with new JB5 hyperscale data center.
  • Wingu Africa Secures $60 Million to Accelerate East African Digital Infrastructure.
  • MVNO Nigeria 2025 charts bold path for inclusive connectivity and market competition.
  • Nvidia loses $2.5 billion in revenue last quarter, due to Chinese restrictions.
  • Burkina Faso to expand Mobile Network with 800 towers in 2025.
  • Safaricom commits $500 million to build AI Infrastructure across East Africa.
Read more about the article IHS Towers secures $439 Million loan for debt refinancing

IHS Towers secures $439 Million loan for debt refinancing

  • Post author:AfricaHyperscalersNews
  • Post published:October 22, 2024
  • Post category:Connectivity/News/Towers

IHS Towers, Africa's largest telecom tower company, has successfully secured a $439 million loan to refinance its existing debt. This new financing will help the company manage currency risks in…

Continue ReadingIHS Towers secures $439 Million loan for debt refinancing
Read more about the article Actis goes towers with Swiftnet, sells off fiber company Octotel

Actis goes towers with Swiftnet, sells off fiber company Octotel

  • Post author:AfricaHyperscalersNews
  • Post published:March 26, 2024
  • Post category:Connectivity/Infrastructure/News/Towers

Actis, a leading global investor in sustainable infrastructure, in partnership with Royal Bafokeng Holdings, will acquire Telkom’s Swiftnet, a leading telecom tower portfolio in South Africa. With an enterprise value…

Continue ReadingActis goes towers with Swiftnet, sells off fiber company Octotel
Read more about the article Uganda TowerCo secures €40m for rural telecom expansion

Uganda TowerCo secures €40m for rural telecom expansion

  • Post author:AfricaHyperscalersNews
  • Post published:March 10, 2024
  • Post category:Connectivity/News/Towers

NextGen Tower Company, TowerCo of Africa Uganda has secured US$40 million in financing from European development finance partners, to improve internet penetration in Uganda via 506 new towers. Mobile internet…

Continue ReadingUganda TowerCo secures €40m for rural telecom expansion
Read more about the article Pan African Towers secures investments from DPI, Verod Capital

Pan African Towers secures investments from DPI, Verod Capital

  • Post author:AfricaHyperscalersNews
  • Post published:November 28, 2023
  • Post category:Connectivity/News/Towers

Pan African Towers (PAT), a prominent Nigerian digital infrastructure company, has announced a strategic investment from Development Partners International (DPI), a premier investment firm focused on Africa, and Verod Capital,…

Continue ReadingPan African Towers secures investments from DPI, Verod Capital

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