The Africa Finance Corporation has promoted Banji Fehintola to executive director for financial services, effective 1 August

Africa-focused telecommunications company Bayobab has acquired a terrestrial and subsea connectivity license to support its subsidiary – Bayobab Cote d’Ivoire – in expanding its data transmission network

Orion Infrastructure Capital has raised $370 million at the final close of its inaugural growth debt fund, above an original $350 million target

Octopus Investments has hired Lieven Debruyne as executive vice-chair, based in London and effective immediately

Convergence Partners has fulfilled all conditions to acquire 100% of South African ICT integration services and solutions provider Datacentrix

Germany’s Autobahn des Bundes has selected O2 Telefónica as a delivery partner for the implementation of a 5G network across the autobahn motorway system

Bayfront Infrastructure Management and Bayfront Infrastructure Capital V have mandated banks for an issuance of infrastructure asset backed securities

Bain Capital-owned Chindata has secured a $490 million loan to refinance the debt of its unit in Malaysia

Exa Infrastructure and SOCAR Fiber have teamed up to develop a fibre route across Turkey to release the Red Sea fibre choke point

Swiss Life Asset Managers has added to its private markets offerings with the launch of its fourth international Core / Core + infra fund

The Land Bank of the Philippines has signed a loan agreement with an Ayala Group joint venture for a data centre in the Philippines

Addleshaw Goddard has appointed Matt Gorman as a partner in its Singapore office, effective 1 July 2024

Warburg Pincus-backed Princeton Digital Group has completed phase 1 of its 150MW AI-ready hyperscale data centre in Malaysia

New York-based New Fortress Energy has launched Klondike Digital Infrastructure, a power and data centre development business

N-Sea has completed the acquisition of offshore service provider Geo Plus