Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Baker Botts says it advised WIOCC on an equity investment of up to $450 million
Baker Botts said it advised WIOCC Group on a combined equity investment of up to $450 million from the US Development Finance Corporation, Vision Invest and Africa Finance Corporation. The firm said the financing would support expansion of WIOCC’s networks, data center capacity and digital infrastructure.
Key points
- Baker Botts said its London team advised on corporate, regulatory and tax aspects.Baker Botts
- The firm said closing was expected by mid-2027, subject to regulatory approvals.Baker Botts
- Baker Botts said Lazard acted as WIOCC’s financial advisor.Baker Botts
- The firm said its earlier WIOCC work included an IFC investment in 2022 and a Congo data center agreement in 2023.Baker Botts