Finnish development financier and impact investor Finnfund says it has closed a US$5million equity investment with Netwey, a Mexican internet service provider (ISP), to expand its fibre optic network and improve internet accessibility.
Morocco-based Maroc Telecom announced on Saturday it has secured two loans from World Bank Group’s IFC worth EUR370 million (US$425.1 million) to help finance 4G rollouts in Chad and Mali.
The Saudi Arabian Public Investment Fund (PIF) has established the Neo Space Group (NSG), a wholly owned PIF company whose mission will be to become a national champion in the Saudi satellite and space sector.
Sri Lankan telco Dialog Axiata announced on Monday it will invest another US$100 million in its digital infrastructure, increasing its total cumulative investment in the country to more than US$3.37 billion.
