The Tech Credit Fund (TCF) has deployed a structured private credit facility to TOGIT, a 100% youth Black-owned telecommunications and IT infrastructure services provider, to accelerate its infrastructure rollout and operational capacity.
Telecommunications infrastructure expansion in South Africa remains execution-intensive and capital-dependent. Rollout programs require upfront mobilization, equipment procurement, and alignment of working capital with project revenue cycles. Traditional lending frameworks do not always accommodate this profile.
“This facility reflects our focus on structured private credit solutions that align with the operational realities of infrastructure businesses. Telecommunications rollout requires disciplined execution and capital timing that matches project delivery cycles. TOGIT has demonstrated the technical capability and growth trajectory that support this form of funding. Our role is to structure capital in a way that enables responsible expansion,” says Pramod Venkatesh, CEO of Tech Credit Fund.
The facility has been structured to align with TOGIT’s contracted infrastructure implementation projects and revenue model. The funding will support the ISP’s expansion plan and fibre deployment, telecommunications infrastructure build activities, and the strengthening of operational delivery capacity across public and private sector engagements.
