EIB Global invests $75m in Helios Fund V

The project will enable other operators to offer high-speed fibre connectivity to businesses and consumers in the Democratic Republic of Congo.

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.

Pan-African conglomerate announces fund to be used to construct and develop small solar-powered mini-grids in over 120 villages.

Botswana’s Reserve Bank’s Banking Supervision report states that the instituted risk management measures are considered to be unsatisfactory.

In addition, IQM benefited from EIB Advisory Services support in preparation for the EIB financing application.

Operator intends to expand 4G broadband network, enhance competition and make services more affordable.

Nairobi to host first EIB hub in Africa building on 45 years of EIB Kenya engagement.

Research shows Africa’s financial institutions have embraced digital technology and green finance, but the pandemic will impact private sector financing and access to finance for small businesses.

Project financed through the US$25-million sourced from the European Investment Bank.

Company looks to expand 3G, 4G and Fibre-to-the-Building network infrastructure.

Financing will support installation of solar kits across Sub-Saharan Africa.