Sarona Asset Management

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Kenya’s Wananchi Ads $57.5 From Investors

Posted on: May 16, 2011 by cnolanNo Comments »

Kenyan telecoms company Wananchi Group has raised $57.5 million from investors including Liberty Global Inc., Oppenheimer Funds and Sarona Asset Management, Reuters reported. The infusion of capital is aimed at helping the company expand its fibre infrastructure and launch a satellite pay-television service across eastern Africa. Wananchi Group is owned by venture capital firm East Africa Capital Partners.

Tags: East Africa Capital Partners, Oppenheimer Funds, Sarona Asset Management

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Kenya’s Wananchi Ads $57.5 From Investors

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