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.
Technology giant Microsoft and artificial intelligence-focused UAE-based technology group G42 have announced a comprehensive package of digital investments in Kenya, as part of an initiative with the Republic of Kenya’s Ministry of Information, Communi…
In a deal that seems to have been finalised last week but has only recently been widely reported, Uganda plans to sell 60% of its troubled state-owned service provider Uganda Telecommunications Corporation Limited (UTel) to Dubai-based global contracto…