US Agency to Invest $155 Million in African Digital Infrastructure Firm WIOCC
The equity investment will support undersea cables, fibre networks and data centres in more than 30 African countries, DFC said.
5 Articles
5 Articles
The American Corporation for International Development Financing (DFC) has invested more than $8 billion in new investments in Ukraine, Jordan and African countries. The financing of Vodafone Ukraine and DTEK was discussed. The package called for at once to support the critically important infrastructure of US partners, American exports, energy and the spread of technologies. This was reported by the information agency Reuters. The American Corp…
US agency to invest $155 million in African digital infrastructure firm WIOCC
By Duncan Miriri NAIROBI, Sept 16 (Reuters) - The U.S. International Development Finance Corporation said on Wednesday it would invest up to $155 million in African digital infrastructure provider WIOCC, underscoring Washington's support for projects ...
US DFC to invest up to $155M in Africa’s WIOCC
The U.S. International Development Finance Corporation said on Wednesday it would invest up to $155 million in African digital infrastructure provider WIOCC, underscoring Washington’s support for projects seen as critical to the expansion of U.S. technology companies. Washington has increasingly backed telecommunications and digital infrastructure projects in Africa as it seeks to provide alternatives to […]
The U.S. International Development Finance Corporation (DFC) said Wednesday (September 16) it will invest up to $155 million in WIOCC, an African digital infrastructure provider. This move aims to support U.S. companies expanding their operations in the region in an effort to curb the expansion of Chinese telecommunications equipment giant Huawei.
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