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Africell Secures $99.6 Million Loan from US EXIM Bank to Enhance Telecommunications in Angola.
PRIVATESep 20, 2026•about 6 hours ago
Amount Raised
$99.6 Million
Round Type
Debt Financing
FreetownHardwareVoip
Description
The Export-Import Bank of the United States has granted a $99.6 million loan to Africell to finance its telecommunications investments in Angola. This funding aims to acquire advanced mobile network technology and improve overall connectivity and competition in the region.
Company Information
Company
Africell
Location
Freetown, Western Area Urban, Sierra Leone
About
Africell is one of Africa’s leading telecom companies, known for its significant digital and logistical support.
Fundz sees it the moment Africell raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
FreetownHardwareVoip