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.
Europe’s digital infrastructure ambitions face regulatory headwinds as industry groups warn proposals may widen the global investment gap. For business leaders assessing their long-term European operations, the current regulatory direction suggests pot…
Ericsson India reportedly sold off its 0.6% stake in Vodafone Idea (Vi) on Tuesday to undisclosed buyers for INR4.28 billion (US$49.9 million), less than two months after Nokia’s Indian unit did likewise.
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…