3 posts found.
Selected Category: Digital infrastructure and solutions
Finnfund’s 10 million euro equity investment boosts the expansion of fiber network in Nepal
Finnfund invests in WorldLink Communications Ltd, the largest internet service provider in Nepal and a pioneering ICT company in the country. Finnfund’s investment will be used to expand the existing fiber network and to build WorldLink’s first Tier 3 data center. Nearly half of the population in Nepal still lacks broadband internet access and there […]
Read moreNovember 28, 2024
OP Finnfund Global Impact Fund I invests in TerraPay to boost access to international remittances in Africa
OP Finnfund Global Impact Fund I, the first Finnish global emerging markets impact fund, invests in TerraPay to boost access to affordable remittances and support livelihoods and business activity in countries across Africa. The investment is part of a 75 million US dollar financing package that includes a 30 million US dollar loan from IFC, […]
Read moreAugust 14, 2024
Finnfund invests in CREI to improve mobile connections in South Sudan
South Sudan has one of the lowest rates of mobile access and connectivity in the world. Finnfund provides a 5 million US dollar mezzanine loan to Communication & Renewable Energy Infrastructure (CREI) in order to facilitate installing, operating and maintaining 413 telecom site hybrid power solutions in South Sudan. The project will contribute to a […]
Read moreJune 28, 2024