Chinese Internet giant Tencent Holdings has invested in South African digital bank TymeBank. CDC Group has also invested, to take the bank’s series-B capital raise to US$180 million (R2.9 billion). The investments from Tencent and CDC are valued at an…
South African fibre telecommunications infrastructure company MetroFibre Networx has raised R2.5-billion in new debt financing, led by Investec, adding to the R1.5-billion recently raised from shareholders. The money will be used to support MetroFibre’s fibre network roll-out across South Africa, including deploying infrastructure…
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