Africa: OPIC Backs African Cellular Communications Company with U.S.$100 Million Loan

[OPIC] Johannesburg -The Overseas Private Investment Corporation (OPIC), the U.S. Government's development finance institution, and Africell Holdings Limited today signed a commitment letter for $100 million to expand access to telecommunications in Africa. The project is expected to have a highly developmental impact particularly in Uganda and the Democratic Republic of the Congo by expanding the availability and quality of affordable mobile telephone and internet services in these countries. OPIC Managing Director for

from AllAfrica News: Africa
via READ MORE