Bank of Kigali leads multi-lender deal backing telecom infrastructure acquisition, expansion

Bank of Kigali leads multi-lender deal backing telecom infrastructure acquisition, expansion

Bank of Kigali on March 26 led a consortium of local lenders in signing a landmark telecom infrastructure financing deal under Project Zorro, supporting the acquisition of 1,467 telecom tower sites now operated by Ishara Towers Rwanda Ltd, formerly IHS Rwanda. The agreement, announced at the bank’s headquarters in Kigali, brought together the Development Bank of Rwanda (BRD), BPR Bank, I&M Bank, Ecobank, and Access Bank in one of the country’s l…

Rwandan Banks Back Landmark Telecom Infrastructure Deal to Boost Connectivity

Kigali — A consortium of Rwandan banks has successfully closed a landmark financing deal under Project Zorro, marking a major step in strengthening the country’s telecom infrastructure and digital economy. The… The post Rwandan Banks Back Landmark Telecom Infrastructure Deal to Boost Connectivity appeared first on KT PRESS.