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Surfline gets USD 15 mln from DEG to expand LTE network
2015-04-28 15:36:00| Telecompaper Headlines
(Telecompaper) African mezzanine debt provider Vantage Capital has announced that Deutsche Investitions- und Entwicklungsgesellschaft (DEG) and four other European investors are contributing approximately USD 60 million to Vantage's third fund. DEG's commitment to Fund III is USD 20 million. In addition, DEG is providing USD 15 million to a co-investment with Vantage in Ghanaian operator Surfline Communications. Vantage invested USD 15 million in Surfline from its second fund late last year.
Tags: network
expand
usd
deg
Category:Telecommunications