Infrastructure Archives

July 27, 2022

Colombo, Sri Lanka, July 27, 2022—Sri Lanka’s premier connectivity provider, Dialog Axiata PLC (Dialog), is set to expand and improve broadband connectivity across the country with International Finance Corporation’s (IFC) support. IFC’s loan of up to $150 million will help Dialog expand and improve its network capacity through the […]

June 23, 2022

Leadership awards recognize Vertiv’s products, strategy, and value DUBAI, United Arab Emirates, June 22, 2022/APO Group/ –Vertiv (www.Vertiv.com) (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has received three industry leadership awards from Frost & Sullivan, with recognition in EMEA for product leadership in the prefabricated modular […]

May 24, 2022

Loan to boost Sri Lanka’s plastic recycling infrastructure and BPPL’s monofilament/ polyester yarn production Sri Lanka’s plastic recycling capabilities and infrastructure are set to soar with BPPL Holdings PLC, the country’s pioneer in the field, securing long-term funding of US$ 15 million from the International Development Finance Corporation (DFC) of the […]

May 3, 2022

Avanta Infotech, an end-to-end telecommunications infrastructure service provider in Sri Lanka, was recently recognized by the SiliconIndia Startup City magazine, a leading business magazine focusing on news, challenges, and talks related to start-ups, under its annual “10 Best Sri Lanka Startups – 2022” ranking. Each year, the ranking, one among the […]

April 26, 2022

SLT-MOBITEL, the National ICT Solutions Provider clinched the Runner-up accolade in the Infrastructure and Utilities category at the National Business Excellence Awards 2021 (NBEA). Organised by the National Chamber of Commerce, Sri Lanka, the NBEA 2021 was held at the BMICH recently .The annual award, pioneered by the Chamber since 2004, […]

April 18, 2022

Mattel plays an essential role in the development of broadband in Mauritania through its 4G and fiber optic infrastructures deployed in the main cities of the country DAKAR, Senegal, April 12, 2022/APO Group/ — Tunisie Telecom, BSA telecommunication and COMATEL announce the signing, on March 14, of an exclusive agreement with […]

March 1, 2022

Colombo, Sri Lanka/Malé, Maldives, March 1, 2022—IFC has appointed Lisa Kaestner as the new Country Manager for Sri Lanka and Maldives. Based in Colombo, Kaestner will focus on diversifying and growing IFC’s portfolio while helping strengthen private sector in both countries and promoting inclusive growth. The appointment was announced by IFC’s […]

January 19, 2022

Periculum helps its banking and lending customers identify fraud risk, assess creditworthiness, and analyze existing data LAGOS, Nigeria, January 17, 2022 — The availability of domestic credit is a key requirement for consistent economic growth in developing countries. The vitality of financial services such as banking, savings, debt […]

June 17, 2021

State Minister, Nimal Lanza said that 20,903 proposals have been received to the State Ministry of Rural Roads and Other Infrastructure for the road development project program launched in 14,022 Grama Niladhari Divisions with an allocation of Rs. 2 million for each Grama Niladhari Division. A sum of Rs. 2 million will be provided to […]

IFC Provides US$150 Million Funding Package to Dialog Axiata PLC Towards Broadband Infrastructure Development in Sri Lanka

Vertiv Achieves Three Industry-leading Awards from Frost & Sullivan

BPPL secures US$ 15 million of long-term funding from the U.S. International Development Finance Corporation

Avanta Infotech recognized by renowned SiliconIndia Startup City magazine

SLT-MOBITEL clinches Infrastructure and Utilities accolade at National Business Excellence Awards 2021

Telecel Group Announces the Acquisition of Mattel Mauritania

IFC Appoints Lisa Kaestner as Sri Lanka and Maldives Country Manager as Senior Officials Begin Their Country Visit

Canadian fintech Periculum, officially launches in Nigeria, set to build credit assessment infrastructure for Africa

20,903 proposals for the road development program which will provide Rs. 2 million to a Grama Niladhari Division