An urgent requirement for new investment into telecom and broadband infrastructure in Africa is driving a fresh flurry of deal activity across the continent, says TMT Finance
An urgent requirement for new investment into telecom and broadband infrastructure in Africa is driving a fresh flurry of mergers, acquisitions, IPOs, investment and financing activity, as the region’s key players jostle for position to meet the soaring demand for data across the continent, says global news provider, TMT Finance.
Joseph d’Arrast, EMEA Editor, TMT Finance said: “The continent’s growth in the digital economy and the rising demand for data is helping to boost investor confidence in major broadband projects, of which there are many currently underway or in the pipeline. In response to this, many telcos, investors and specialized operators are looking to plough significant amounts of money into key projects, with a number of IPOs, new capex financing and M&A also in the pipeline.”
To discuss the next wave of opportunities, chief executives and leading heads of finance and strategy from Africa’s key broadband infrastructure companies, private equity investors and telecom operators are meeting on a dedicated panel …read more