African Continental Free Trade Area (AfCFTA) Adjustment Fund Credit Fund closes its first deal – US$ 10 million investment in Telecel Global Services Ltd
By investing in digital infrastructure in underserved markets, the Fund is helping reduce trade barriers, foster cross-boarder productivity and accelerate inclusive industrialisation
The Credit Fund of the AfCFTA Adjustment Fund has successfully closed its first investment, committing US$10 million to Telecel Global Services Ltd, through a senior secured amortising loan. The transaction marks a significant milestone in the operationalisation of the Fund. The Credit Fund is one of three Funds under the…