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Wananchi raises US$130 million for East, South African expansion

African pay TV and broadband operator Wananchi Group has closed a US$130 million (€104 million) round of funding to fund “growth and expansion in East and Southern Africa.” The investment was co-led by existing Wananchi shareholders, including major cable firms Liberty Global and Altice, African private equity firm Emerging Capital Partners, Mauritius-based ATMT and new […]