Sustainability-linked financing deal for Senegal’s Sonatel

Sustainability-linked financing deal for Senegal’s Sonatel

Three investment groups have partnered to support operator Sonatel’s telecoms expansion in Senegal. The combined €87 million (about $94.5 million) financing package aims to help the company expand telecoms infrastructure, including towers and cables, in rural areas and provide reliable and affordable mobile and internet services to people in Senegal.

BII to invest $30m in TOA Tanzania

BII to invest $30m in TOA Tanzania

TOA (TowerCo of Africa) Tanzania has signed a US$30 million financing agreement with UK development investor British International Investment (BII).

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