South African independent fiber optic network operator Link Africa announced on Tuesday, June 20 that it had raised ZAR500 million ($27.1 million) from Prescient, Absa Group, and Paragon Debt Advisory. This financing should enable the company to accelerate the expansion of its network in South Africa, focusing on cities where there is a growing demand for high-speed internet connectivity and digital services.

For more information, please see https://www.ecofinagency.com/telecom/2106-44659-south-africa-link-africa-raises-27mln-to-accelerate-the-expansion-of-its-fiber-network