IFC
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The development arm of the World Bank has lent Airtel Africa US$194 million to expand services and improve sustainability in six countries. -
The International Finance Corporation (IFC) has expanded its relationship with WIOCC Group with a $30 million equity investment.
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The World Bank is investing US$160 million into the Safaricom project to build a new network in Ethiopia.
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Intelsat will enter the in-flight connectivity (IFC) market in India through an agreement with Nelco, a satellite communications provider in India.
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Rack Centre has become the first data centre operator in the Europe, Middle East and Africa (EMEA) region to receive the IFC's sustainability recognition for data centres – a standard it co-developed with the global finance organisation.
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ODATA Brasil is to expand three of its data centres in Brazil as part of a financial arrangement enabled by the World Bank Group's IFC.
Forthcoming events
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Capacity Middle East 2024
Capacity Middle East is the largest carrier meeting for the Middle Eastern region, uniting the region’s key ICT players.
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The World Bank’s International Finance Corporation (IFC) is investing US$100 million in DigitalBridge tower and data centre projects in Brazil, Indonesia and Malaysia.
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Ethiopia received just two bids, from MTN working China’s Silk Road Fund and a US-backed and Vodafone-led consortium, for its two telecoms licences this morning.
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Liquid Telecom began as a carrier providing services across Africa. Now, CEO Nic Rudnick tells Alan Burkitt-Gray why they’ve changed the name to reflect the group’s new business.
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IFC, part of the World Bank Group, is to loan US$3 million to the Kyrgyz Republic's largest private wholesale broadband operator, its first investment in the country.
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Liquid Telecom is to raise US$820 million in a bond and term loan financing package to refinance the group’s existing debt and to support its growth strategy.
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The World Bank has warned the government of Ethiopia not to take measures that hinder the development of telecoms in the country.
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The US is investing US$300m in Liquid Telecom’s Africa Data Centres (ADC), to fund expansion in South Africa and Kenya as well as new builds and acquisitions elsewhere.
