TowerCo of Africa Tanzania secures US$30mn from British International Investment
© 2024 TowerXchange is part of techoraco, techoraco Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236387
Copyright © techoraco and its affiliated companies 2024

TowerCo of Africa Tanzania secures US$30mn from British International Investment

The investment will be used to deploy 200 new telecom towers, driving coverage in urban and rural areas of the country

Towerco of Africa British International Investment Tanzania financing.png

TOA Tanzania has secured a US$30mn investment from British International Investment (BII) to expand telecom infrastructure and enhance connectivity in Tanzania. BII’s financing will be used to construct 200 new telecom sites, increasing coverage in urban areas and bridging the digital divide across Tanzania.

The 200 new sites, which will be strategically deployed across the mainland and Zanzibar, will increase coverage, particularly in rural regions, connecting previously isolated communities and reaching 600,000 people.

About TowerCo of Africa and BII

TowerCo of Africa has been making a name for itself as one of the fastest growing towercos in Africa, despite the current macroeconomic climate.


UNLOCK THIS ARTICLE

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Subscribe Login
Gift this article