Industry Newsroom

AIIM and STOA Lead USD97m Investment in South African Fiber Network Operator MetroFibre Networx

African Infrastructure Investment Managers (AIIM), through its newly incorporated Digital Infrastructure Investment Holdings platform, and existing investor STOA, a foreign investment vehicle based in France, led a ZAR1.5b (approximately USD97m) investment in MetroFibre Networx, a South Africa-based open access fiber network operator. AIIM invested ZAR980m (approximately USD64m) for a minority stake in the company. Read more