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Latest Content tagged with Investment
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Huawei Helps Telecom Egypt Secure a $200M Loan to Fund 4G Rollout
Ray Le Maistre  
5/30/2018   Post a comment
Chinese vendor Huawei has facilitated a US$200 million loan deal from Chinese financial institutions to help fund Telecom Egypt's 4G network rollout, including core and transport network technology deployments.
MTN Ghana Launches IPO Process
Ray Le Maistre  
5/29/2018   Post a comment
Mobile operator begins process that values the company at more than US$2.1 billion.
KT Unveils Its African Ambitions
Connecting Africa News  
5/29/2018   Post a comment
South Korean operator looks to build on its 4G involvement in Rwanda.
Telkom SA Reports Full Year Financials, Boasts Mobile Growth
Connecting Africa News  
5/28/2018   Post a comment
Telkom SA has issued its financial report for the full financial year ended 31 March 2018, with mobile service revenue growth a highlight.
Digital Finance Platform Lidya Raises $6.9M
Connecting Africa News  
5/24/2018   Post a comment
Lidya banks one of the largest funding rounds in the tech sector in Nigeria.
Digital Payments Specialist Cellulant Raises $47.5M
Ray Le Maistre  
5/15/2018   Post a comment
The digital payment specialist's C round of investment was led by The Rise Fund.
Vodacom Boosts Annual Revenues by 6.3%
Ray Le Maistre  
5/14/2018   Post a comment
Operator adds 7 million customers, mostly in South Africa, as it gears up for further network investments.
Globacom to Boost Nigeria's Data Capacity
Connecting Africa News  
5/7/2018   Post a comment
Nigerian operator Globacom is to build a new submarine connection to boost telecoms services in Nigeria.
Orange's AME Recovery Continues in Q1
Ray Le Maistre  
4/27/2018   Post a comment
Revenue and customer numbers continue to climb as Orange invests in 4G.
Africa's Talking Raises $8.6M From IFC & Others
Ray Le Maistre  
4/27/2018   Post a comment
Distributor of mobile communication and payment APIs to developers raises significant funding from the World Bank's International Finance Corporation (IFC), Orange Digital Ventures and Social Capital.
Ex-Vivendi Chairman Held By French Police Investigating Bribery Allegations
Iain Morris  
4/25/2018   1 comment
Vincent Bolloré is detained by police in France over allegations that one of his companies bribed African officials.
MFS Africa Raises $4.5M Series B Round
Ray Le Maistre  
4/18/2018   Post a comment
Fintech startup is the first African fintech company to attract investment from a Chinese venture capital firm.
Innovate Ventures Accelerator in Somaliland Now Open for Applications
Connecting Africa News  
4/9/2018   Post a comment
Building on last year's success, this year's program will accept 12 startups and will invest up to $30,000 in the teams with the greatest potential.
Price Controls Would Harm Kenya Telecom Market, Says Think Tank
Iain Morris  
4/5/2018   Post a comment
Institute of Economic Affairs slams regulator's proposals as a 'major policy reversal' that could damage the market.
Orange Expands Into African Energy Sector With Big Solar Plans
Iain Morris  
3/27/2018   Post a comment
French operator will start providing solar kits in five new African markets this year and hopes to sell hundreds of thousands of units in the next five years.
Avanti Gateway Earth Station Goes Live in MDXI Data Center in Lagos
Connecting Africa News  
3/26/2018   Post a comment
The new Gateway Earth Station (GES) in Lagos will enable data from Avanti's HYLAS 4 Ka-band satellite to be delivered efficiently in Nigeria and interconnect with other networks.
Teleology Closes In on 9mobile Acquisition
Ray Le Maistre  
3/22/2018   Post a comment
Pays $50 million deposit and prepares for full ownership of Nigeria's fourth mobile operator within 90 days.
Google Selects Launchpad Accelerator Startups
Connecting Africa News  
3/20/2018   Post a comment
Google has named the 12 startups that will participate in its Google Launchpad Accelerator Africa program.
Helios Towers Abandons IPO Plan
Ray Le Maistre  
3/19/2018   Post a comment
Mobile towers company kills plan to float about 25% of the company's stock as speculation emerges of a potential M&A move.
IOX Cable, Angola Cables Team Up
Connecting Africa News  
3/8/2018   Post a comment
IOX Cable and Angola Cables sign agreement to expand their reach across Africa, the Americas and Asia.
Orange Upgrades 4G With Nokia
Ray Le Maistre  
3/7/2018   Post a comment
Operator is investing in a major upgrade of its radio access network infrastructure in seven countries using technology from Nokia.
Telkom Kenya Lines Up $40M Loan for Network Upgrade
Connecting Africa News  
3/6/2018   Post a comment
Operator set to get a loan towards a US$92 million network expansion project.
Helios Towers Plans IPO
Ray Le Maistre  
3/2/2018   Post a comment
Tower infrastructure company plans to list 25% of its shares on the London and Johannesburg exchanges in a move that should value the company at more than $2 billion.
Applications Now Open for the 8th Orange Social Venture Prize in Africa and the Middle East
Connecting Africa News  
3/1/2018   Post a comment
This prize, awarded by Orange, rewards innovative projects based on Information and Communication Technologies (ICT) which improve the living conditions of people in Africa and the Middle East.
Sudatel Teams With Liquid Telecom for FTTH Push
Connecting Africa News  
2/28/2018   Post a comment
Sudanese operator signs deal with Liquid Telecom for the rollout of a fiber broadband access network.
Orange, OpenClassrooms Team Up to Train Young Africans in Digital Technology
Connecting Africa News  
2/23/2018   Post a comment
Digital training centres will be established based on the OpenClassrooms diploma with "guaranteed employment" commitment, with the help of local partners.
Is South Africa About to Award 4G Spectrum and Incentivize Fiber Rollouts?
Ray Le Maistre  
2/22/2018   Post a comment
Budget review suggests an end to the delays in spectrum licensing and a reduction in the tax burden on network cable investments.
Orange Hails Africa Recovery, Expects Margin Growth
Iain Morris  
2/21/2018   Post a comment
Orange CEO says 'mutualization' efforts in Africa are likely to buoy earnings this year.
Is There an Appetite for an African Mobile IPO?
Ray Le Maistre  
2/19/2018   Post a comment
Bharti Airtel is considering an IPO of its Africa operations, but might investors be as keen as the operator?
Disrupt or Be Disrupted: It's Do-or-Die for African Telcos in 2018
Connecting Africa News  
2/14/2018   Post a comment
For African telco providers, the need to adapt in 2018 is paramount, according to Mariam Abdullahi, Telco Industry Lead at SAP Africa.
9mobile Loses More Market Share as it Awaits New Owner
Ray Le Maistre  
2/12/2018   Post a comment
Nigeria's mobile market is growing but 9mobile's customers base is shrinking, according to the latest statistics from the country's telecoms watchdog.
Goodwell Raises €20M
Connecting Africa News  
2/8/2018   Post a comment
Goodwell Investments has raised €20 million to invest in startups in Sub-Saharan Africa, half of which will be invested in financial services.
Why Africa's Mobile Operators Are In a Fine Mess
Ray Le Maistre  
2/7/2018   Post a comment
More and more of Africa's mobile operators are being hit with fines and financial penalties, finds a new report.
Ericsson's Sales, Staff Numbers Shrink
Ray Le Maistre  
1/31/2018   Post a comment
As telecoms vendor giant Ericsson continues to report losses and execute a turnaround strategy, its revenues and staff numbers dipped in the Middle East and Africa during 2017.
Africa Data Centres Opens Expanded Facilities in Cape Town, Johannesburg
Connecting Africa News  
1/30/2018   Post a comment
South Africa Data Centre (SADC) Johannesburg and SADC Cape Town will support rising demand for cloud-based services in Southern Africa.
Teleology in Driving Seat to Buy 9mobile
Connecting Africa News  
1/29/2018   Post a comment
Not surprisingly, the highest bidder has been identified as the favorite to take control of Nigeria's fourth mobile operator, according to local reports.
Partech Ventures Launches $120M Africa Tech Fund
Connecting Africa News  
1/23/2018   Post a comment
VC firm launches Partech Africa, a $120 million fund dedicated to raising capital for investment in African tech startups.
9Mobile Bids: And Then There Were Two
Connecting Africa News  
1/22/2018   Post a comment
It's a two-horse race to become the new majority shareholder in Nigerian mobile operator 9Mobile, according to local reports.
Satellite Hopeful Plans Free Internet Access for Africa
Connecting Africa News  
1/17/2018   Post a comment
Quika plans to offer free connectivity to consumers, low-cost satellite broadband to SMEs.
9Mobile Ownership Decision Still in Balance
Ray Le Maistre  
1/15/2018   Post a comment
Regulatory process means identity of Nigerian operator's new owner will not be announced imminently.
Huawei Pumps $100M Into South Africa Campus
Connecting Africa News  
1/12/2018   Post a comment
Chinese technology giant is investing in a substantial campus facility in Johannesburg.
A Kick in the Wallet for Operators in Kenya, Chad
Ray Le Maistre  
1/12/2018   Post a comment
Kenyan operators fined for poor quality of service while tax rates have been hiked for mobile operators in Chad.
Zimbabwe's NetOne Strikes Loan Deal for Rural Expansion
Connecting Africa News  
1/4/2018   Post a comment
Zimbabwe mobile operator has agreed a vendor financing deal with China's Huawei to help fund its network expansion in rural areas, according to local media reports.
Kenyan Authorities Drop Plans to Break Up Safaricom – Report
Iain Morris  
1/3/2018   1 comment
A proposal to curb the dominance of Safaricom by breaking it up has been jettisoned in a new regulatory report.
PEACE Subsea Cable Set for Late 2019 Launch
Ray Le Maistre  
1/3/2018   Post a comment
A new subsea cable linking East Africa and Asia is set for launch in the fourth quarter of 2019, according to the company building the network.
5 in Line to Acquire Nigeria's 9Mobile
Ray Le Maistre  
1/2/2018   Post a comment
Decision on sale process of troubled mobile operator delayed to January 16.
TE SubCom Starts Work on DARE Subsea Cable
Ray Le Maistre  
12/29/2017   Post a comment
Submarine network construction specialist has started building the Djibouti Africa Regional Express (DARE) network.
Airtel Snaps Up Tigo Rwanda
Iain Morris  
12/19/2017   Post a comment
Bharti Airtel to merge its Rwandan network with that of local rival Millicom.
Liquid Telecom Partners Zambian Startup Hub
Iain Morris  
12/15/2017   Post a comment
The operator will provide Internet connectivity and cloud services to technology players in Zambia.
Airtel Downplays Africa Exit Talk – Report
Iain Morris  
12/12/2017   1 comment
Indian operator denies it has talked about quitting African markets but says it remains open to merger possibilities.
Page 1 / 2   >   >>




Latest Articles
Chinese vendor Huawei has facilitated a US$200 million loan deal from Chinese financial institutions to help fund Telecom Egypt's 4G network rollout, including core and transport network technology deployments.
Mobile operator begins process that values the company at more than US$2.1 billion.
South African operator becomes the latest emerging-markets customer of Huawei's CloudAIR technology.
Mobile network technology has been developed for developed nations, leaving a lack of affordable mobile coverage solutions for countries with different needs, including those in Africa, argues the director of Orange Labs Networks.
The digital payment specialist's C round of investment was led by The Rise Fund.
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