Shahzaib

Axian Telecom issues a $600 million bond to boost connectivity in Africa

Axian Telecom has issued a $600 million bond to finance the expansion and modernization of its telecom infrastructure across Africa. This capital injection aims to enhance connectivity through new fiber optics, 4G/5G network rollouts, and upgrades. The move demonstrates investor confidence and supports the continent’s digital inclusion goals, with expected positive impacts on various sectors and economic growth.

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