TIM, ASTM to develop 4G in Brazil
Italian telecoms company TIM’s Brazilian subsidiary, TIM Brasil, and Ecovias do Araguaia, concessionaire of the EcoRodovais highway PPP and subsidiary of multinational infrastructure company ASTM, will partner to install 4G coverage along 850 kilometres of highway
AFC signs OPEC Fund loan
The OPEC Fund has signed with the AFC a $50 million loan to support the latter’s infra project financing in Sub-Saharan Africa
Reliance Group units seek $3bn in loans
Indian billionaire Mukesh Ambani-controlled Reliance Group units – Reliance Industries and Reliance Jio Infocomm – are seeking $3 billion in loans split into US dollars and Japanese yen tranches
DigitalBridge acquires AMP’s infra investment unit
DigitalBridge, through its operating subsidiary, has acquired AMP Capital’s global infrastructure equity investment management business in a $316 million deal
Princeton Digital hires Mitsui veteran
Princeton Digital Group, a leading data center provider in Asia, has appointed Yoshinaga Takahashi as the managing director of Japan
Hogan Lovells adds 2 in South Africa
Hogen Lovells has relocated Thomas Hechl to lead its Africa projects practice and hired Deepa Vallabh as senior M&A partner – both in South Africa