BII to invest $30m in TOA Tanzania

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.

South Africa’s Blue Label Telecoms has received approval from the country’s Competition Commission (CompCom) to take control, via a subsidiary, of operator Cell C.

Private equity firm KKR & Co will invest US$400 million in telecoms tower operations in the Philippines, according to an announcement made by the US Department of Commerce this week.