Virendra Bansal has assumed as the new managing director and CEO for SBI Capital Markets, the investment banking arm of country’s largest bank – the State Bank of India

Airtel Africa has launched Airtel Africa Telesonic to address digital infrastructure across the continent

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 Corporation has today completed its second round of investment in Phinergy, bringing its stake up to 17%

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

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

Natixis IM affiliate Mirova has promoted Sébastien Duquet, currently head of emerging asset management, to head of development finance institutions relations, based in Paris

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

The Shetland Pension Fund has made its first infra commitment to an IFM Investors fund

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’s sixth flagship fund has raised half its €10 billion fundraising target, with final close expected at the end of 2024

PhilTower Consortium plans to form and invest in a joint venture company to roll out 4G/5G mobile network infrastructure across the Philippines

Bayobab, with support from MTN, has extended the reach of its 45,000km-long subsea cable, landing it in Accra, Ghana and Lagos, Nigeria