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Africell to spend $100 mln on mobile infrastructure, fintech in Africa

Africell to spend $100 mln on mobile infrastructure, fintech in Africa

African telecom firm Africell plans to spend part of a $100 million U.S. credit line on expanding its infrastructure and fintech services. Africell founder and chief executive Ziad Dalloul told Reuters the money would help fund infrastructure investments for its operations in Uganda, Democratic Republic of Congo, Gambia and Sierra Leone.
 

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