EAIF Provides US$20 Million Debt Financing to Helios Towers Africa (Sub-Saharan Africa)
Source: Investec Asset Management
The Emerging Africa Infrastructure Fund (EAIF), a joint public and private investment fund owned by the Private Infrastructure Development Group and managed by Investec Asset Management, has provided US$20 million to telecommunications infrastructure platform Helios Towers Africa (HTA) as part of a syndicated loan totaling US$105 million. HTA will use the loan to purchase 950 telecom towers in the Democratic Republic of Congo.