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.
African digital infrastructure provider WIOCC Group announced on Monday it has secured a US$65 million debt financing package drive its continued expansion of connectivity capacity and digital infrastructure across Africa.
Silica Networks, the telecommunications division of the technology-focused Datco Group, has acquired the operation of wholesale fibre optic connectivity services operator Internexa in Argentina. The purchase of Internexa is said to be Datco Group’s 27t…
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.