Actis agrees sale of South African fibre operator Octotel

The Credit Fund of the African Continental Free Trade Area (AfCFTA) Adjustment Fund says it has successfully closed its first investment – and it’s a big one. AfCFTA is committing US$10 million to wholesale voice and SMS services and enterprise connect…

Independent investment benefit corporation and asset manager Meridiam says it has acquired a majority stake in Ilitha, an innovative telecommunications company whose main objective is to provide affordable, unlimited internet solutions to underserved a…

South Africa’s Blue Label Telecoms has received approval from the country’s Competition Commission (CompCom) to take control, via a subsidiary, of operator Cell C.