Orange Egypt has secured a syndicated loan worth over US$80 million from the European Bank for Reconstruction and Development (EBRD) and Banque Misr to help cover the cost of its recently acquired 5G mobile licence.
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.