WIOCC Group secures digital infrastructure expansion funds

Digital infrastructure provider WIOCC Group is furthering its expansion strategy in three African countries, enhancing the continent’s digital infrastructure and connectivity and supporting economic growth after securing funding through a financing package from IFC and Proparco. The financing includes loans of $10-million and R200-million from IFC, as well as $20-million from Proparco, a development finance institution and subsidiary of the Agence Française de Développement Group.