africa's largest telecom company m.t.n. says it plans to raise one billion dollars from asset sales over the next three years following a massive jump in profit for twenty eighteen south africa based firm is set to float its nigerian unit later this year as part of a compromise with authorities for failing to cut off unregistered sim card users m.t.n. is also currently involved in a battle over two billion dollars in back taxes in nigeria which accounts for a third of its revenue the south africa based firm is considered one of the country's corporates success stories signs of china's involvement have long become commonplace key infrastructure construction sites all across africa beijing has funded several projects across the continent with huge loans china has handed out some one hundred forty three billion dollars in loans to regional government.