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Liquid Telecom

Africa’s Liquid Telecom raises €700m

Fast-growing African telco Liquid Telecom has raised 12.4 billion Rand (about €700 million) in a bond sale. The company, backed by telecoms tycoon Strive Masiyiwa (who also sits on Netflix’s main board) and who heads up the Econet business, says it will use the fresh funds to refinance existing debt and expand its broadband business […]

March 1, 2021By Chris Forrester