“Liquid Intelligent Technologies Strengthens Finances for African Expansion”

By Ross Moyo

Following Liquid Intelligent Technologies repaying debts and securing $410 million in new credit facilities, bolstering its finances, this strategic move supports Liquid’s growth ambitions across Africa, enhancing its digital infrastructure.

“These transactions are part of a significant strengthening of our capital structure as we position the Group for accelerated growth and African Expansion,” said its President and Group CEO.

Liquid’s fibre broadband network spans 110,000 km, with satellite connectivity providing high-speed internet access.

The company offers Cloud and Cyber Security solutions, serving public and private sector enterprises and SMEs.

Meanwhile, Cassava Technologies injected $195 million in fresh capital, reinforcing Liquid’s financial position.

Liquid now plans to issue a $300 million bond, reducing debt and strengthening its balance sheet.

This move positions Liquid for accelerated growth, expanding its pan-African digital infrastructure.

The new credit facilities support Liquid’s expansion plans, enhancing its market presence.

Liquid’s strengthened finances will drive business growth and innovation across Africa.