EDC invests in Africa tech fund

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13 July 2010

EDC has invested in an African tech fund to help Canadian companies tap into the burgeoning regional telecoms market.

Export Development Canada (EDC) is investing up to $20 million in the Africa Telecommunications, Media and Technology Fund I, LLC (ATMT), where its involvement will help encourage Canadian supply to the burgeoning information, communication and technology (ICT) sector on the African continent.

“The explosive pace of wireless and broadband growth in East Africa offers tremendous opportunities for Canada’s telecom and technology sectors, and our involvement in the ATMT fund will have a direct impact on helping Canadian companies entering the...

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