A US development agency will be one of the main investors in a new round as Liquid seeks to raise $225-million this year.
will be one of the main investors as African fibre company Liquid Telecommunication Holdings seeks to raise US$225-million in equity by the end of the year, according to CEO
Geopolitical competition between the US and China is heating up in Africa, with its growing population and vast mineral resources, and development institutions such as the DFC are a key way to engage economically on the continent. Digital services in Africa are bridging gaps in countries that lack legacy infrastructure, even though it remains the least connected region in the world.
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