STANLIB Invests ~USD156m in New GX to Establish Digital Infrastructure Platform in South Africa

Source(s): STANLIB Asset Management

STANLIB Asset Management invested ~ZAR2.4b (~USD156m) in New GX Investments, a South Africa-based investment holding company active in the digital telecommunications infrastructure sector. The partnership aims to create a long-term capital digital infrastructure platform that will invest in fiber, towers and data center infrastructure in South Africa. Read more