News and Updates

East Africa Telecommunications Fund

Delphos assisted Wananchi Group (Holdings) Ltd. in closing $57.5 million of new funding to support additional network expansion of the Company’s triple-play and satellite TV services in East Africa. Under its “Zuku” brand, Wananchi Group is developing the Africa’s first triple-play network and provides fast and competitively priced broadband internet, TV and fixed line telephone. New investors included, among others, Liberty Global, Sarona Asset Management and Oppenheimer Funds.

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