Liquid Telecom to spend $200M in Africa expansion

Liquid Telecom, which is majority owned by Econet Wireless Global, plans to spend $200 million across the African countries where it operates over the next year to expand its network, a company executive said on Thursday.

Liquid Telecom is constructing a fibre optic network across southern Africa covering Botswana, Democratic Republic of Congo, Lesotho, South Africa, Zambia and Zimbabwe. It also has a presence in Rwanda, Kenya and Uganda.

Read more: Liquid telecoms says to spend $200 mln in Africa expansion | Reuters.