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.
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…
There’s good news – potentially – for African data centre development with the announcement from Raxio Group, a sub-Saharan African data centre platform, that it has signed an agreement for US$100 million in financing from the International Finance Cor…
