OUR HERITAGE

Wananchi Group 4

US$40MM Equity Raise for the Wananchi Group

Delphos Financial Advisor Wananchi Group 4
Delphos Financial Advisor Wananchi Group 4

Delphos advised Wananchi Group Holdings to bring ECP Africa’s investment into a sidecar vehicle to support the development of a cable business (triple-play): video, voice, and data landline.

Kenya, Malawi, Tanzania, Uganda, Rwanda, Zambia, Telecom, Network Operations, Africa, Capital Raising, 2010, SDG

Sector

Telecom

Amount Raised

US$40,000,000

Deal Type

Capital Raising

Unique Challenge

Infrastructure and environmental constrains

Sub-sector

Network Operations

Year

2010

Type of Financing

Equity

Deal Impact in Numbers

Expand at least 35% triple-play cable services accessibility across 6 East Africa countries

Lender

ECP Africa

SDGs

SDG 9 Reduce inequality within and among countriesSDG 11 Make cities and human settlements inclusive, safe, resilient and sustainable

Borrower

Wananchi Group

Deal Impact in Lives

Supported the development of a cable business (triple-play): video, voice, and data landline

Location

Kenya, Malawi, Tanzania, Uganda, Rwanda, Zambia

Kenya, Malawi, Tanzania, Uganda, Rwanda, Zambia Wananchi Group 4 Financial Advisory Delphos