Telecel Group Secures $20M for West Africa Expansion

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Africa Credit Opportunities Fund (ACOF) and Telecel Group are joining forces with a $20 million investment in Telecel Global Services to expand operations in West Africa. This strategic partnership emphasizes a commitment to advancing connectivity, promoting innovation, and bridging Africa’s digital gap, aligning with broader economic development goals.

Telecel Group’s recent acquisition of Vodafone Ghana further highlights its transformative vision for the continent’s digital future. With a focus on job creation, technological advancement, and economic growth, this collaboration signifies a significant step forward in Africa’s telecommunications landscape. CEO Moh Damush expressed enthusiasm for the venture, emphasizing Telecel’s potential for growth and the goal of building a more connected and inclusive digital economy across Africa.

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