Eagle Towers secures R100 million for expansion

South African infrastructure investment firm, Infra Impact Investment Managers, has secured a ZAR 100 million senior secured loan facility for its portfolio company, Eagle Towers. Eagle Towers is a company that constructs, operates, and maintains telecommunications towers across South Africa, with a particular focus on rural areas. The company’s goal is to bridge the digital divide by providing access to information, communication, and services to people living in remote areas, where mobile connectivity is essential to the country’s economic and social development. Approximately 32% of the South African population lives in rural areas.

 

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