Category: investment

Quite a few weeks after Ethiopia’s maiden initial public offering (IPO) closed, Ethio Telecom has revealed how many of the company’s shares were actually sold of the 100 million on offer – and it seems the total was very modest indeed.

Quite a few weeks after Ethiopia’s maiden initial public offering (IPO) closed, Ethio Telecom has revealed how many of the company’s shares were actually sold of the 100 million on offer – and it seems the total was very modest indeed.

Cloud services giant Amazon Web Services (AWS), has announced a collaboration with Manara, a social impact startup dedicated to unlocking the untapped potential of top technology talent in the Middle East & North Africa (MENA), including women in…

Spanish telecom company Telefonica has finally confirmed  that it has agreed to sell its Peruvian unit, Telefonica del Peru, which recently filed for bankruptcy protection. It will be sold to Argentina’s Integra Tec International for about EU…

The announcement late last week that a UAE-based investor Rowad Capital Commercial (RCC) is to acquire a 60% stake in Uganda’s national telecom company, Uganda Telecommunications Corporation (UTel), begs a number of questions that are yet to be answere…

Finnish development financier and impact investor Finnfund says it has closed a US$5million equity investment with Netwey, a Mexican internet service provider (ISP), to expand its fibre optic network and improve internet accessibility.

There’s good news – potentially – for African data centre development with the announcement from Raxio Group, a sub-Saharan African data centre platform, that it has signed an agreement for US$100 million in financing from the International Finance Cor…

There’s good news – potentially – for African data centre development with the announcement from Raxio Group, a sub-Saharan African data centre platform, that it has signed an agreement for US$100 million in financing from the International Finance Cor…

Moroccan operators Maroc Telecom and Inwi have announced the signing of what is described as an expanded partnership agreement aimed at accelerating the deployment of fibre optic and 5G technologies across Morocco.