Towers Archives - Africa Hyperscalers News

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…

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…

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…

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,…