9mobile Nigeria has secured $230 million from the Africa Finance Corporation (AFC) to expand its network and compete effectively in the Nigerian market and others.
Confirming the transaction, the AFC said in a statement: “Africa Finance Corporation is pleased to inform Emerging Markets Telecommunication Services that it has received full Board approval to support the turnaround strategy of EMTS through a US$230 million super senior debt investment.”
Popular Categories
Business Journal
Professional - Freedom - Enterprise
Your source for business news.
CONTACT US @
Suite B2, Glory Shopping Complex,
229, Ikotun-Idimu Road, Council B/Stop, Idimu, Lagos – Nigeria.
Tel: +234 802 308 8874, 705 891 9138
E-mail: business.journal@yahoo.com info@businessjournalng.com
Get important news delivered directly to your inbox and stay connected!
© 2026 Business Journal Nigeria. Website Designed by Frandimore
