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Originally published by Tech Arena

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tech

April 21, 2026

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Liquid Intelligent Technologies Closes $660 Million Debt Deal

Liquid Intelligent Technologies Closes $660 Million Debt Deal

Liquid Intelligent Technologies has secured $660 million in debt financing, including an oversubscribed $300 million Eurobond, highlighting investor confidence in Africa’s digital infrastructure...

✨ Key Highlights

Liquid Intelligent Technologies has successfully secured $660 million in debt financing, significantly boosting its capacity for continent-wide expansion and digital transformation initiatives across Africa.

A key component of the deal is an oversubscribed Eurobond of $300 million, listed on Euronext Dublin.
The financing package involves Liquid Intelligent Technologies, a subsidiary of Cassava Technologies, alongside major financial institutions like Nedbank, Rand Merchant Bank, Standard Bank, and the International Finance Corporation.
This substantial financial injection will enable the company to repay existing debts, extend its repayment timelines, and strengthen its balance sheet, supporting its extensive 115,000-kilometre fibre network.

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