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NuRAN Wireless Secures $1M Funding to Expand African Operations

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NuRAN Wireless Secures $1M Funding to Expand African Operations

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An announcement from Nuran Wireless ( (TSE:NUR) ) is now available.

NuRAN Wireless has secured a US$ 1M drawdown from the Facility for Energy Inclusion, managed by Cygnum Capital, to expand its mobile sites in Africa and restart operations in the Democratic Republic of the Congo. This funding supports NuRAN’s Network-as-a-Service model and aims to enhance its infrastructure in sub-Saharan Africa, contributing to its 2025 goal of connecting remote areas and fostering financial growth.

More about Nuran Wireless

NuRAN Wireless is a leading rural telecommunications company that provides wireless network coverage solutions in remote and rural regions globally. The company offers scalable and affordable 2G, 3G, and 4G technologies to facilitate effective and affordable communication for over a billion people.

Average Trading Volume: 344,888

Technical Sentiment Signal: Sell

Current Market Cap: C$793K

For detailed information about NUR stock, go to TipRanks’ Stock Analysis page.

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