Cassava Technologies (Liquid's Parent) Secures US$310m in Funding and Reorganises

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Cassava Technologies (Liquid's Parent) Secures US$310m in Funding and Reorganises

//business-finance.news-articles.net/content/202 .. -secures-us-310m-in-funding-and-reorganises.html

Published in Business and Finance on Tuesday, December 17th 2024 at 11:00 GMT by Techzim
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

A few months ago we talked about Liquid Intelligent Technologies being in some financial bother. The company has some good news on that front. Liquid's

The article from TechZim discusses Cassava Technologies' parent company securing a $310 million funding round and undergoing a significant reorganization. This financial boost is aimed at expanding Cassava's digital infrastructure across Africa, enhancing its capabilities in data centers, fiber broadband, and renewable energy solutions. The reorganization involves streamlining operations to improve efficiency and service delivery, with a focus on leveraging technology to bridge the digital divide. The funding will also support the expansion of Cassava's fintech services, aiming to drive financial inclusion and economic growth in the regions where it operates. This strategic move is part of a broader plan to position Cassava as a leading tech conglomerate in Africa, fostering innovation and connectivity.

Read the Full Techzim Article at:
[ https://www.techzim.co.zw/2024/12/cassava-liquid-parent-secures-310m-funding-and-reorganises/ ]

Publication Contributing Sources

Techzim

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Cassava Technologies (Liquid's Parent) Secures US$310m in Funding and Reorganises