A consortium of investors led by African private equity fund manager Metier has plugged USD36 million into Africa Mobile Networks, a mobile network infrastructure builder.
The consortium investing in Africa Mobile Networks include United Kingdom development finance institution CDC Group, KfW Group Subsidiary Deutsche Investitions- und Entwicklungsgesellschaft (DEG), Proparco, and the equity business of Mauritius Commercial Bank, among other financial institutions and investment managers.
For more information, please see https://iclg.com/alb/16847-rural-africa-to-increase-connectivity-via-investment
