International Finance Corporation completed an $30m investment in WIOCC.

International Finance Corporation, a private equity firm, completed an $30m investment in WIOCC, a company which operates as a wholesaler, providing capacity to international telecos. "At IFC, we recognize that there is a critical need for reliable digital infrastructure, which is fundamental to improving the quality of people's lives and driving business growth. In the past fiscal year, ending in June 2022, IFC invested $1.3 billion in digital infrastructure, with over half of those investments taking place in Africa's telecommunications, media, and technology sector. Our partnership with WIOCC Group underscores IFC's commitment to closing the digital divide in Africa," Mohamed Gouled, IFC Vice President of Industries.