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.
Standard Bank, Africa’s biggest bank by assets, says it has partnered with Safaricom, Kenya’s largest telecommunications provider, to provide funding of US$138 million as part of investment towards operator Safaricom Ethiopia.
Global digital operator Veon and Cohen Circle Acquisition Corp, a special purpose acquisition company, have announced the signing of a business combination agreement that will result in the listing of Ukraine operator Kyivstar on the Nasdaq Stock Marke…
Indian operator Vodafone Idea’s much heralded Rs18,000 crore (about US$ 2.2 billion at current exchange rates) follow-on public offer (FPO), India’s biggest, was fully subscribed by its third day, according to local news reports.