Trending
- Vantage Capital concludes a $71 million deal with telco Camusat
- Mukuru’s mobile wallet debuts in Malawi, boosting global transfers and financial access
- Investing in tomorrow: Global manufacturing, future cities, and the digital economy
- World Bank-backed MIGA and insurer ATIDI in deal to scale FDI flows in Africa
- Kenya adopts a new global messaging standard platform for bulk payments
- Africa’s economic growth stalls amid debt crisis, education reforms key to inclusivity
- Kenya’s mobile network revenues squeezed by rise in Internet calls and texting
- Why financial inclusion in Tanzania remains a big challenge
Browsing: AktivCo
- Vantage Capital invested $71 million in Camusat to fund the expansion of its telecom infrastructure division, AktivCo, and refinance debt.
- Camusat aims to drive sustainable telecom growth by partnering with major mobile network operators in Africa, focusing on decarbonization and low-carbon infrastructure.
- The partnership supports Camusat’s strategic expansion in emerging markets, while Vantage Capital’s investment emphasizes environmental, social, and governance (ESG) goals.
Fund manager Vantage Capital has finalized a $71.5 million (€66 million) mezzanine investment in Camusat Holding S.A.S, a key player in the telecommunications infrastructure industry in Africa and across the world.
This investment is set to fuel the expansion of AktivCo, Camusat’s Infrastructure-as-a-Service (IaaS) division, and refinance existing debt. The deal, which is part of a larger $87.7 million (€81 million) financing package, was conducted in consortium with Eurazeo, a European-based investment firm.
Powering Africa’s telecommunications infrastructure
Camusat has established itself as a key partner for mobile network …