Actis, a global investor in sustainable infrastructure, has signed an agreement to sell leading South African fibre network operator Octotel to a consortium of investors.
In news that is likely to be relevant to developing world markets where coverage of remote areas remains a problem, iPhone maker Apple has announced that it will invest up to US$1.5 billion in Globalstar, a provider of satellite and terrestrial connect…
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.
Kyrgyzstan will need to spend 8 billion dollars on the China-Kyrgyzstan-Uzbekistan (CKU) rail line. Funding is the main obstacle to the construction of the route. Kyrgyzstan has not yet been able to find enough money to complete its part of the route. Akylbek Zhaparov, the head of the Kyrgyz cabinet of ministers, provided an update…