EIB agrees multi-million-dollar financing deal with MTN Nigeria

EIB agrees multi-million-dollar financing deal with MTN Nigeria

In what is described as its largest-ever financing for mobile telecoms network expansion in Africa, the European Investment Bank (EIB) has agreed to €100 million financing (about US$99.5 million) with operator MTN Nigeria to support the telecommunications company’s network expansion programme.

Only stability will restore Venezuela’s crumbling telecoms sector

Only stability will restore Venezuela’s struggling telecoms sector

Venezuela’s telecoms sector has not been flush with positive developments of late – the country’s economy has been in a downward spiral for well over five years now, and this has caused a staggering decline in a sector that had seen average to strong growth up until around 2015.

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