Liquid Telecom has completed the agreement with CDC Group plc for the USD 180 million investment into the Group and the funds have been received

Liquid Telecom has completed the agreement with CDC Group plc for the USD 180 million investment into the Group and the funds have been received
03 April 2019

Liquid Telecom has completed the agreement with CDC Group plc for the USD 180 million investment into the Group and the funds have been received

3 April, 2019

Leading pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, today announces completion and receipt of an investment of USD 180 million investment from CDC Group plc, the UK’s development finance institution.

The investment will enable Liquid Telecom to further expand its fibre footprint and to broaden its data centres and cloud services product portfolio across Africa serving wholesale, enterprise and retail customers.

For further information please contact:
Liquid Telecom:
Matthew Hickman, Head of Investor Relations, +44 (0) 20 7101 6100
Helen Marsh, Group Company Secretary, +44 (0) 20 7101 6100

FTI Consulting:
Charles Palmer, +44 (0) 20 3727 1000
Adam Davidson, +44 (0) 20 3727 1000