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Paratus gets US$31m injection for expansion plans

Kinguélé Aval Hydroelectric Dam Gets Financing from Development Banks

As part of the construction of the Kinguélé Aval hydroelectric dam (35MW), the project company Asonha Energy has received the first installment of the non-sovereign financing of XAF 81 billion granted by the International Finance Corporation (IFC), the African Development Bank (AfDB), the Development Bank of Southern Africa (DBSA), and the Emerging Africa Infrastructure Fund…

Paratus Secures R571 Million Debt Facility For Fibre And Data Center Business Expansion

Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, and its fund manager, Ninety One, have committed a $31 million debt facility to Paratus Group Holdings Limited (Paratus) to finance the expansion of its fibre and data centre business over the next three years.

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