MetroFibre Networx secures US$297m debt finance from Standard Bank

SOUTH AFRICA – MetroFibre Networx, a South African company that provides uncapped household and enterprise fibre network coverage, has secured R5 billion (US$297 million) in debt financing from Standard Bank to expand its fibre-optic data network rollout across the country. The financing, according to Standard Bank, will be used to expand MetroFibre’s connectivity into homes and businesses in under-serviced communities…

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