![Towerco of Africa British International Investment Tanzania financing.png](https://assets.euromoneydigital.com/dims4/default/841de49/2147483647/strip/true/crop/655x355+0+0/resize/800x434!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fc7%2F66%2F9ef3ea7443bdb39489dab1c3ec83%2Ftowerco-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.