Chapel Hill Denham’s fund to finance Tizeti’s nationwide expansion

Tizeti Network Limited, a West African internet service provider, has secured long-term financing from Chapel Hill Denham’s Nigerian Infrastructure Debt Fund (NIDF). The funding will be used to expand Tizeti’s broadband network across 15 states in Nigeria, aiming to improve internet access and contribute to the government’s goal of reaching 70% broadband penetration by 2025. Tizeti currently serves over 3 million subscribers through its solar-powered base stations and aims to expand its services to additional states. This expansion will make Tizeti the largest internet service provider in Nigeria by coverage.