13
Nov
Staff Writer Namibian-owned Pan-African firm Paratus has secured a major debt facility to accelerate the company’s growth in digital infrastructure across Africa. Paratus has obtained a N600 million debt facility from the Emerging Africa Infrastructure Fund (EAIF), a member of the Private Infrastructure Development Group (PIDG), and its fund manager, Ninety One. The financial injection is earmarked for expanding Paratus’ fibre and data centre operations over the next three years. The funds are set to facilitate the construction of a state-of-the-art 10MW data centre in Angola. Additionally, they will support the development of three new fibre routes, connecting strategic locations…