CSquared Raises New Equity Investment to Digitally Connect Africa - News Summed Up

CSquared Raises New Equity Investment to Digitally Connect Africa


Accra, Ghana – To accelerate the expansion of its carrier-neutral, open-access broadband infrastructure, CSquared today announces new equity investment from both new and existing shareholders to finance its ambitious growth objectives. CSquared Link Holdings (Mauritius) Limited (“CSquared” or the “Company”) is a pan-African technology company committed to digitally connecting Africa by making impactful investments in telecommunications infrastructure throughout the region. The new investment into the Company will be used for network expansion as CSquared continues to drive digital infrastructure developments across its footprint and the broader African region. Commenting on its investment in CSquared, Sarvesh Suri, IFC’s Regional Industry Director for Infrastructure, Africa, said “Broadband connectivity is critical for Africa’s development. For more information, visit www.ifc.orgAbout the IDA Private Sector WindowThe International Development Association’s (IDA) Private Sector Window was launched in 2017 to catalyze private sector investment in the poorest and most fragile countries.


Source: GNN Liberia November 14, 2023 20:27 UTC



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