The Export-Import Bank of the United States (EXIM) has approved a $99.6 million direct loan to Africell, the only U.S.-owned mobile network operator active in Africa, the company said Friday.
Ziad Dalloul, Africell’s CEO, president and founder, said the loan fits a larger pattern.
“Africell’s fast growth in Angola and DRC [Democratic Republic of the Congo] and our long-term market leadership in Sierra Leone and The Gambia demonstrate the unique benefits that high-class American technology, skills and investment can bring to Africa,” Dalloul said.
“We are pleased to be working with EXIM to introduce more trusted communications infrastructure to our operating markets,” he said. …