Airtel Africa launches digital infra subsidiary, Telesonic
Airtel Africa has launched Airtel Africa Telesonic to address digital infrastructure across the continent
Vertical Bridge makes senior hires
US-based communications infrastructure firm Vertical Bridge has hired Allison Cannella and Peter Appel as senior vice-presidents, based in Boca Raton, Florida
Indian Oil ups stake in Phinergy, reaches 17%
Indian Oil Corporation has today completed its second round of investment in Phinergy, bringing its stake up to 17%
HPX, Guma sign LOI for Liberian Liberty Corridor
High Power Exploration and Guma Africa Group have signed a letter of intent with the Government of Liberia to negotiate the DBFO of the Liberty Corridor connecting Guinea and Liberia
EQT, CK Hutchison terminate Italian mobile carve-out
Swedish manager EQT and Hong Kong-based CK Hutchison have terminated their agreement to form an integrated mobile and fixed telecoms firm in Italy via a carve-out of Wind Tre, Italy’s largest mobile network
Mirova promotes Duquet to DFI head
Natixis IM affiliate Mirova has promoted Sébastien Duquet, currently head of emerging asset management, to head of development finance institutions relations, based in Paris
EIB hands Terna €500m subsea link loan, Italy
Italian grid transmission operator Terna has confirmed a €500 million loan from the European Investment Bank, the final tranche in its €1.9 billion debt financing of the Tyrrhenian Link
Shetland Pension Fund backs IFM fund with £66m
The Shetland Pension Fund has made its first infra commitment to an IFM Investors fund
ESnet inks debut transatlantic subsea fibre deal
The US Department of Energy’s science network ESnet has penned an agreement with Irish subsea fibre operator Aqua Comm, it’s first transatlantic spectrum acquisition
Ardian sixth fund halfway to €10bn target
Ardian’s sixth flagship fund has raised half its €10 billion fundraising target, with final close expected at the end of 2024
PhilTower, MIDC mulls JV for Philippines telecoms
PhilTower Consortium plans to form and invest in a joint venture company to roll out 4G/5G mobile network infrastructure across the Philippines
Bayobab lands subsea cable in Nigeria and Ghana
Bayobab, with support from MTN, has extended the reach of its 45,000km-long subsea cable, landing it in Accra, Ghana and Lagos, Nigeria
Actis Americas refi advances
Infrastructure investor Actis is nearing close on a deal to refinance the bridge loan it took out last March to acquire data centres across 6 Latin American countries and the US