Liquid Telecom

Liquid Telecom, Africa’s leader in digital infrastructure, has completed one of the most audacious projects ever built on the continent, according to its founder and chairman of the Econet Group, Strive Masiyiwa.
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Pan-African telecommunications group Liquid Telecoms says it has successfully arranged a bond and term loan refinancing facility to the tune of US$840 million for the group’s growth strategy and existing debt.
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Leading communications services and solutions provider Liquid Telecom has come to the aid of tertiary students and health workers in the country by providing selected institutions and hospitals with free Wi-Fi.
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Liquid Telecom has completed the US$180 million sale of an 8 percent stake to the British government Sovereign Wealth Fund for developing countries known as Commonwealth Development Corporation (CDC).
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Econet Wireless Zimbabwe chief executive officer, Mr Douglas Mboweni, has called the company’s equity stake in Liquid Telecom Holdings, which is just under 10 percent, “a US$135 million forex reserve”.
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Liquid Telecom received a $180 million cash injection from UK development finance institution CDC Group as Africa’s largest fibre-network operator expands broadband infrastructure across the continent.
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Leading pan-African telecoms group Liquid Telecom, has appointed Mr Wellington Makamure as the new Regional CEO of Southern Africa, placing him in charge of four key markets in the region.
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Liquid Telecom will invest $1,5 million in the first phase of repairing and revamping Harare’s broken sewer pipes and water reticulation infrastructure.
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Leading pan-African telecommunication group Liquid Telecom subsidiary, Africa Data Centres, has launched newly-expanded data centres facilities in Johannesburg and Cape Town, South Africa.
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Zimbabwe yesterday afternoon experienced a disruption in Internet services which affected popular social media applications and fixed line communications due to faults on the main links between South Africa and Harare.
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