The startup operates telecommunication infrastructure that provides in-building solutions, sale and leaseback, and colocation services to enhance connectivity across Africa. By enabling mobile network operators and internet service providers to expand their network reach and capacity, the company addresses the significant digital divide on the continent.
Funding
$30M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Across Africa, mobile network operators (MNOs) and internet service providers (ISPs) face challenges in expanding network coverage and capacity due to limited infrastructure and high capital expenditure requirements. This infrastructure deficit hinders digital inclusion and economic development, particularly in remote and underserved areas.
Solution
TowerCo of Africa (TOA) addresses these challenges by providing comprehensive telecommunications infrastructure solutions, enabling MNOs and ISPs to enhance connectivity across the continent. TOA offers colocation services, allowing operators to lease space on existing towers, thereby minimizing costs and optimizing coverage. The company also provides built-to-suit solutions, managing all aspects of new site development from planning and permitting to construction and maintenance. Additionally, TOA offers in-building solutions to enhance internal coverage in buildings such as hotels and offices. Through sale and leaseback arrangements, TOA enables operators to release capital by selling their existing sites and leasing them back, freeing up resources for core business activities.
Target Audience
The primary target audience includes mobile network operators (MNOs), internet service providers (ISPs), and government/public sector organizations seeking to expand network coverage, optimize infrastructure costs, and improve connectivity in Africa.
Features
- Colocation services on existing towers to minimize costs and optimize network coverage
- Built-to-suit solutions, handling site acquisition, permitting, construction, and maintenance
- In-building solutions for targeted internal coverage in hotels, offices, and other buildings
- Sale and leaseback options to free up capital for core business activities
- Passive infrastructure mutualization to optimize resource utilization and reduce duplication
- Guaranteed power solutions to ensure reliable connectivity
- Proactive site supervision and monitoring to minimize downtime
- Strategic deployment of sites leveraging 4G and 5G technologies