The Africa Credit Opportunities Fund (ACOF), a private credit fund, has announced a $20 million investment in Telecel Global Services.

ACOF is a joint-venture arrangement between Gateway Partners and the Fund for Export Development in Africa (FEDA), the development impact investment platform of the African Export-Import Bank.

Andrew Bainbridge, CEO of ACOF, said: ”Through this strategic investment into West Africa’s telecommunications landscape...

To view the full article download the Africa Private Equity News app on your mobile device