Indian telco Vodafone Idea is reportedly set to raise as much as Rs24.5 billion (US$293.2 million) via a preferential issue of equity shares to the local units of telecoms equipment suppliers Nokia and Ericsson.
East Africa-headquartered carrier-neutral data centre operator Wingu Africa has raised US$60 million to fast-track its regional expansion and, it says, power the continent’s digital transformation.