The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed to buy up to $50,000,000 of a bond issue by Liquid Telecommunications, that was launched on 22 February 2021.

The bond aims to raise $600 million which will be used to refinance existing debt and for corporate purposes. The issuer will be Liquid Telecommunications Financing plc, a wholly-owned subsidiary of Liquid Telecommunications Holdings Limited.

EAIF, act...