Musa Capital buys Swanib Cables Namibia

Musa Capital Namibia has acquired Swanib Cables, a distributor of electric, fibre-optic cables and transformers to the Namibian mining and telecoms industries. Musa Capital acquired the company from Powertech International Holdings and the funding provided will support the company in its expansion programme which includes acquiring its competitors. The amount invested in Swanib Cables by Musa capital was undisclosed.

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