Development financier and impact investor Finnfund has announced a 10 million euro (about US$10.5 million) equity investment to boost the expansion of a major fibre network in Nepal.
Pan-African telecommunications service provider Axian Telecom is continuing to make news, this time with the announcement that it has acquired an 8% stake in African e-commerce giant Jumia.
The Saudi Arabian Public Investment Fund (PIF) has established the Neo Space Group (NSG), a wholly owned PIF company whose mission will be to become a national champion in the Saudi satellite and space sector.
IDB Invest, a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector, has partnered with technology giant Nokia to launch a U…