Burrows-chaired Craven House strikes $6m Angolan telco deal

Burrows is chairman of British American Tobacco and former governor of the Bank of Ireland

Richard Burrows

Craven House Capital, the Aim-listed investment company chaired by businessman Richard Burrows, has provided a $6 million credit facility to Angolan mobile phone and tablet wholesaler 7Mobile.

Burrows is the chairman of British American Tobacco and a former governor of the Bank of Ireland.

Luanda-based 7Mobile was founded in 2013 by Alex Thomson-Payan, the grandnephew of Colombian president Alfonso Lopez.

7Mobile sells phones in 400 locations in Angola and distributes phones in Mozambique, ...