CDC Group completed a $180m investment in Liquid Intelligent Technologies.

CDC Group, a company that operates as an investment firm, completed a $180m investment in Liquid Intelligent Technologies, a company that provides cloud computing and network infrastructure combined with managed digital services for business customers. Financial terms were not disclosed. “We welcome CDC Group’s investment of $180m with Liquid Telecom since it will enable us to accelerate expansion along our award-winning Cape-to-Cairo route and further into Central and Western Africa. Once completed, it will bring significant economic and social benefits – from providing access to online educational resources to supporting national economies, creating more jobs and driving the adoption of new technologies. This is aligned to the vision of our Executive Chairman Strive Masiyiwa to not only connect Africa from North to South, but also from East to West,” Nic Rudnick, Liquid Telecom Group CEO.