OUR HERITAGE
Wananchi Group 4
US$40MM Equity Raise for the Wananchi Group
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.
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


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

