Solcon Capital’s Tech Credit Fund (“TCF”) has successfully concluded a R5 million structured private credit funding transaction with AdNotes, a multiple award-winningSolcon Capital’s Tech Credit Fund (“TCF”) has successfully concluded a R5 million structured private credit funding transaction with AdNotes, a multiple award-winning

Tech Credit Fund Deploys R5 Million to AdNotes, Powering the Growth of Black-Owned ISPs and Digital Inclusion

2026/02/10 08:00
4 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

WHY THIS MATTERS:
Affordable, reliable internet access is now foundational infrastructure — underpinning education, employment, healthcare access and small business growth. Yet across South Africa, historically disadvantaged ISPs that are closest to underserved communities often struggle to access growth-aligned capital, slowing network rollout where it is needed most. By deploying private credit specifically structured for community-focused connectivity providers, Solcon Capital’s Tech Credit Fund is addressing a structural funding gap while directly supporting digital inclusion, job creation and economic participation in township, peri-urban and rural areas.

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 funding will accelerate AdNotes’ expansion across KwaZulu-Natal, Eastern Cape, Northern Cape, Western Cape, Limpopo, North West, Mpumalanga, and Gauteng, supporting the rollout of uncapped 5G, wireless internet, fibre, and TV White Spaces (TVWS) technologies. The investment positions AdNotes to connect 200,000 households and users by the end of 2026, particularly in township, peri-urban, and rural communities where access to affordable broadband remains limited. 

“This investment enables us to back historically disadvantaged ISPs that are delivering practical solutions to South Africa’s connectivity challenges,” Pramod Venkatesh, Tech Credit Fund said. “By providing growth-aligned funding, we are supporting faster network rollout, improved service reliability, and broader access to affordable internet for households and small businesses.” 

This milestone transaction reflects Solcon Capital’s commitment to advancing digital inclusion through inclusive funding, while addressing the structural funding gap faced by historically disadvantaged ISPs. The Tech Credit Fund is designed as a catalytic credit vehicle that provides growth-aligned, operationally relevant funding solutions to ISPs that are building essential digital infrastructure. 

AdNotes brings a proven national footprint, reaching a population base of over 30 million people through its own and partner networks, and has earned multiple industry recognitions for innovation and digital systems implementation. The company has also represented South Africa internationally in markets including the United Kingdom, China, Germany, Morocco, Egypt, and the United Arab Emirates, demonstrating the export potential of locally developed connectivity solutions.

Beyond infrastructure expansion, AdNotes is deeply committed to local economic empowerment and skills development. Through its AdNotes Ambassadors Programme, the company is recruiting over 1,000 community ambassadors, creating income-generating opportunities while transferring sales and service skills. In parallel, its Independent Installer Initiative supports more than 500 installers, strengthening local technical capacity and job creation. 

“This funding closes the infrastructure requirement for us to fully implement the Advancing Sustainable Connectivity and Community-Led Digital Economies project and scale our Open Access Collaboration Model in two additional provinces,” Nathi Mbele, CEO at AdNotes, said. “It supports faster deployment into townships and rural areas and enables us to collaborate with twenty-five Local Community Network Operators as we connect more households, public facilities, and hotspots without compromising reliability or community involvement.” 

This first transaction establishes a scalable funding pipeline that the Tech Credit Fund intends to extend to additional historically disadvantaged ISPs seeking to expand broadband coverage, improve service quality, and deepen digital participation across South Africa.

Following this milestone, the Tech Credit Fund is actively engaging with other ISPs, development partners, regulators, and ecosystem participants to broaden its impact and accelerate inclusive digital infrastructure development.

FF NEWS TAKE:
This first deployment by Solcon Capital’s Tech Credit Fund is as much a signal as it is a transaction. It shows how targeted private credit can be used as a catalytic tool — not just to scale infrastructure, but to back locally rooted operators with proven execution capability. AdNotes’ blend of alternative access technologies, community partnerships and skills development reflects a model that policymakers and investors are increasingly keen to replicate. If this proof-of-concept scales, it could unlock a new funding pathway for community-led ISPs across South Africa and beyond.

The post Tech Credit Fund Deploys R5 Million to AdNotes, Powering the Growth of Black-Owned ISPs and Digital Inclusion appeared first on FF News | Fintech Finance.

Market Opportunity
Falcon Finance Logo
Falcon Finance Price(FF)
$0.07023
$0.07023$0.07023
-0.34%
USD
Falcon Finance (FF) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump’s Critical Warning: US Engages Iran’s New Regime in High-Stakes Talks, Threatens Strikes if Diplomacy Fails

Trump’s Critical Warning: US Engages Iran’s New Regime in High-Stakes Talks, Threatens Strikes if Diplomacy Fails

BitcoinWorld Trump’s Critical Warning: US Engages Iran’s New Regime in High-Stakes Talks, Threatens Strikes if Diplomacy Fails WASHINGTON, D.C. — March 15, 2025
Share
bitcoinworld2026/03/30 23:05
CME to launch Solana and XRP futures options on October 13, 2025

CME to launch Solana and XRP futures options on October 13, 2025

The post CME to launch Solana and XRP futures options on October 13, 2025 appeared on BitcoinEthereumNews.com. Key Takeaways CME Group will launch futures options for Solana (SOL) and XRP. The launch date is set for October 13, 2025. CME Group will launch futures options for Solana and XRP on October 13, 2025. The Chicago-based derivatives exchange will add the new crypto derivatives products to its existing digital asset offerings. The launch will provide institutional and retail traders with additional tools to hedge positions and speculate on price movements for both digital assets. The futures options will be based on CME’s existing Solana and XRP futures contracts. Trading will be conducted through CME Globex, the exchange’s electronic trading platform. Source: https://cryptobriefing.com/cme-solana-xrp-futures-options-launch-2025/
Share
BitcoinEthereumNews2025/09/18 01:07
If you put $1,000 in Intel at the start of 2025, here’s your return now

If you put $1,000 in Intel at the start of 2025, here’s your return now

The post If you put $1,000 in Intel at the start of 2025, here’s your return now appeared on BitcoinEthereumNews.com. Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA) announced a new partnership on Thursday, September 18, working on several generations of custom data center and computing chips designed to boost performance in hyperscale, enterprise, and consumer applications. As part of the collaboration, Nvidia, the undisputed leader of the semiconductor sector, will also invest $5 billion in Intel by purchasing its common stock at a price of $23.28 per share. Following the news, Intel stock jumped more than 30% in pre-market trading, while Nvidia saw a 3% uptick, a welcome change following weeks of shaky performance and controversies regarding its Chinese sales. Trading at $31.34 at the time of writing, INTC shares are up 54.99% year-to-date (YTD). INTC YTD stock price. Source: Google Accordingly, a $1,000 investment in the tech company at the start of the year would now be worth $1,549.90, giving you a return of $549.90. ‘The next era of computing’ The move follows a wave of fresh backing for the struggling Intel, including a nearly $9 billion U.S. government purchase of a 10% stake just weeks ago and a $2 billion investment from Japan’s SoftBank. As such, the deal has the potential to put Intel back into the game after years of trying to catch up not just with Nvidia but also AMD (NASDAQ: AMD) and Broadcom (NASDAQ: AVGO). “This historic collaboration tightly couples NVIDIA’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem — a fusion of two world-class platforms. Together, we will expand our ecosystems and lay the foundation for the next era of computing,” wrote Nvidia founder and chief executive officer (CEO), Jensen Huang.  However, the U.S. government’s direct involvement suggests that more is at stake than simply propping up Intel, as it likely reflects a broader concern about keeping America competitive…
Share
BitcoinEthereumNews2025/09/18 22:47