Solcon Capital’s Tech Credit Fund (“TCF”) has successfully concluded a R5 million structured private credit funding transaction with AdNotes, a multiple award-winning, Black-owned South African Internet Service Provider (ISP), supporting the expansion of affordable and reliable internet access to underserved communities across the country. This transaction marks the first deployment of capital by the Tech Credit Fund and establishes a proof-of-concept for funding scalable, community-focused ISPs across South Africa. 

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 programmes require upfront mobilisation, equipment