Emerging Capital Partners Invests in East African Media Company Wananchi

Emerging Capital Partners (ECP), an international private equity firm, committed $25m to Wananchi Group Holdings, an East African media and telecommunications company specializing in pay television and high-speed Internet services in Kenya and Tanzania.
ECP’s equity investment will be used to develop company’s network infrastructure, thereby enabling Wananchi to provide a triple-play service, consisting of digital pay television, high-speed Internet and voice-over-IP services.
Wananchi Group was formed in 2007 through the acquisition of several smaller companies by regional venture capital fund manager, East Africa Capital Partners (EACP). The company, which was acquired by Liberty Media in 2004, grew to become one of the largest cable companies in the world with operations in over 20 countries in Europe, Latin America and Asia.

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