
R300M FOR BLACK WOMAN-OWNED FIRM Boniswa TowerCo, a 100% Black woman-owned company, has secured significant funding from the Abadali Fund to expand mobile connectivity in rural areas. Founded in 2017 by Dr Magasa (pictured), the firm builds and leases telecommunications towers, with around 80% located in underserved communities. The investment will support further infrastructure rollout, improving access to digital services, education and healthcare while creating jobs. The Abadali Fund, backed by J.P. Morgan and the Department of Trade, Industry and Competition, focuses on supporting Black-owned businesses that face challenges in accessing traditional financing. Full story - ln.run/UU9u-

























