Data and AI deals are very much in the news at the moment, thanks notably to a South American sale involving digital giant Atos and plans announced by investment company SoftBank Group to acquire digital infrastructure investor DigitalBridge Group.
An interesting announcement relevant to Africa has come from official sources in the UAE, which has announced the launch of the AI for Development initiative, worth US$1 billion, to support and finance artificial intelligence projects in African countr…
Xavier Niel-owned company Atlas Investissement announced it is discussing whether to table an offer for Millicom, a move to expand its reach into Latin America.
The 10% sell-off of Ethio Telecom is finally going ahead. In fact Reuters reports that Ethio Telecom will become the first company to list on Ethiopia’s new stock market next week when the government sells a 10% stake in the company.