TowerCo of Africa Uganda Secures $40M to Boost Rural Connectivity
- TowerCo of Africa Uganda secures $40 million investment to bridge the digital divide in Uganda.
- The funding will enhance mobile phone network coverage in underserved rural areas.
- 506 new telecom towers will be installed, providing access to 4G and 5G data services.
The investment by TowerCo of Africa Uganda and its European development finance partners is a significant step towards bridging the digital divide in Uganda. By enhancing mobile phone network coverage in underserved rural areas and providing access to 4G and 5G data services, this initiative has the potential to unlock economic growth and development in these communities. The use of sustainable energy sources for the majority of the new towers also aligns with the goal of promoting a greener Uganda.
