WIOCC secures $50M funding from IFC, Proparco, and RMB for digital infrastructure expansion in Nigeria, SA, and DRC.
WIOCC, an African digital infrastructure provider, secures $50M funding from IFC, Proparco, and RMB to expand services in Nigeria, South Africa, and DRC. The funding aims to improve Africa's digital infrastructure, bridge the digital divide, and support economic growth. The financing is structured as a sustainability-linked debt, linked to WIOCC's commitment to energy efficiency and green building certification.
June 20, 2024
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