Private equity firm KKR & Co will invest US$400 million in telecoms tower operations in the Philippines, according to an announcement made by the US Department of Commerce this week.
Standard Bank, Africa’s biggest bank by assets, says it has partnered with Safaricom, Kenya’s largest telecommunications provider, to provide funding of US$138 million as part of investment towards operator Safaricom Ethiopia.
Global independent tower company IHS Towers announced on Thursday that it has officially completed the sale of its Rwanda unit and its approximately 1,467 sites to Paradigm Tower Ventures.
Kenya’s ICT Authority has reportedly launched an ambitious US$2.4 billion project to reduce digital inequality, modernise business processes, and improve the country’s digital landscape. But this isn’t the only digital transformation initiative announc…