EIB Global invests $75m in Helios Fund V
Fund will focus primarily on companies in digital infrastructure, financial services and technology, and tech-enabled service sectors including education, training and healthcare.
Staff Writer
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African fintech sector grows, enhancing access to finance
According to the EIB research, the number of African companies offering new financial services rose from 450 in 2020 to 1,263 by the beginning of 2024.
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TowerCo of Africa unveils $40m rural Uganda initiative
The project will provide 500 new telecom towers, fuelled primarily by renewable energy, across the country.
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EIB boosts African start-ups with $30m kitty
The new funding will be for investment in companies that use digital technologies to offer crucial services, while also increasing their efficiency.
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Paratus Group’s DR Congo fibre highway goes live
The project will enable other operators to offer high-speed fibre connectivity to businesses and consumers in the Democratic Republic of Congo.
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European Investment Bank unveils fibre plan for 2.5m Africans
EIB investment will enable the construction of 1 200 kilometres of fibre, part of the 20 000 kilometres that BCS plans to build in Africa.
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MTN Nigeria secures €100m from EIB to bolster coverage
This is the European Investment Bank’s largest ever financing for high-speed telecommunications in Africa.