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.
The International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets, and tech giant Microsoft have signed a strategic agreement to identify and enhance investment opportunities in di…
In a deal that seems to have been finalised last week but has only recently been widely reported, Uganda plans to sell 60% of its troubled state-owned service provider Uganda Telecommunications Corporation Limited (UTel) to Dubai-based global contracto…
