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Latest Content tagged with Investment
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Bharti Airtel's Africa IPO Plan Gathers Pace
Wei Shi  
9/18/2018   Post a comment
Major Indian telco is believed to have appointed banks to coordinate the IPO of its African business.
MainOne, Orange to Invest in West Africa Cable Landing Stations
Connecting Africa News  
9/17/2018   Post a comment
The move will improve connectivity and offer a broader range of services for both Orange Côte d’Ivoire & Senegal's Sonatel.
Executive Interview: Tony Onuk, Co-Founder and CEO, The RootHub
Connecting Africa News  
9/13/2018   1 comment
Ahead of his appearance at Nigeria Com, Tony Onuk, Co-Founder and CEO of startup incubator and accelerator The RootHub, discusses the challenges and opportunities in the Nigerian startup scene.
Executive Interview: Olusola Teniola, President of ATCON
Connecting Africa News  
9/12/2018   Post a comment
Ahead of his appearance at Nigeria Com, Olusola Teniola, President of ATCON (Association of Telecommunications Companies of Nigeria), discusses network sharing, digital transformation and more.
Huawei Marine Completes SAIL Subsea Network Build
Wei Shi  
9/11/2018   Post a comment
The new undersea South Atlantic Inter Link (SAIL) fiber connection, built by Huawei Marine, is the first of its kind to directly connect Africa and Latin America across the south Atlantic.
Fintech Startup Yoco Turns Smartphones Into POS Terminals
Wei Shi  
9/10/2018   Post a comment
The South African fintech startup's solution enables 20,000 merchants to receive card payments.
Orange Digital Ventures Invests Again in Yoco
Connecting Africa News  
9/7/2018   Post a comment
Orange Digital Ventures has invested for the second time in Yoco, a leader in payment terminals and added-value payment services in South Africa.
Vodacom Pumps R270M Into Limpopo Province Mobile Networks
Connecting Africa News  
9/6/2018   Post a comment
Vodacom has invested R270 million in its Limpopo province 3G and 4G networks during the past two years.
MTN Ghana Boasts IPO Success
Ray Le Maistre  
8/31/2018   Post a comment
But MTN didn't raise as much as hoped.
MTN Hits Back at Repatriation Funds Claims
Ray Le Maistre  
8/31/2018   Post a comment
MTN says it has done nothing wrong as the Central Bank of Nigeria demands that US$8.1 billion be 'refunded.'
Cash for Data: Fintech Startup Playing a Long Game
Wei Shi  
8/27/2018   Post a comment
Nigeria's Thank U Cash has a different approach for its loyalty program.
Telkom, Airtel Boost Their 4G Networks in Kenya
Connecting Africa News  
8/24/2018   Post a comment
Safaricom's rivals are investing in their 4G networks in an effort to bolster market share and improve customer experience.
Alibaba Founder Launches $10M African Entrepreneur Fund
Ray Le Maistre  
8/14/2018   Post a comment
Jack Ma, the founder of Chinese e-commerce giant Alibaba, has launched the Netpreneur Prize, which will allocate US$10 million to African entrepreneurs in the coming years.
AFDB President Calls for Tech Revolution in African Agriculture
Connecting Africa News  
8/9/2018   Post a comment
AFDB President Akinwumi Adesina wants African farmers to have greater access to game-changing technologies such as drones, artificial intelligence, robotics and blockchain.
Congolese Minister Eyes 5G Opportunity
Wei Shi  
8/3/2018   Post a comment
A partnership between Spanish technology company Applus+ and the Congolese telecom incumbent could provide a spur to 5G in the central African country.
Google & Partners Are Connecting Nigeria to Free WiFi Hotspots
Wei Shi  
8/2/2018   Post a comment
Google is to offer free Internet connectivity in Nigeria, and not as part of its Project Loon service.
DR Congo: Is Reaganomics Coming to the Rescue?
Wei Shi  
7/31/2018   Post a comment
The GSMA has recommended the Democratic Republic of Congo lower taxes on the mobile industry to provide a boost for the industry as well as the government's coffers.
Orange Boosted by Data Demand
Iain Morris  
7/26/2018   Post a comment
Orange reports strong growth in sales and earnings, thanks to consumer appetite for mobile data services.
Smart Cities, 5G & IoT Take Center Stage at AfricaCom 2018
Amy Turner  
7/20/2018   1 comment
Africa's digerati are set to converge on the annual AfricaCom event in Cape Town once again to figure out the continent's connected future, analyse the potential of 5G, identify how IoT and smart cities could play a role in Africa's digital development… and much more.
MTN Could Exit 3 West African Markets – Report
Wei Shi  
7/19/2018   Post a comment
Mobile operator MTN may be considering pulling out of Liberia, Guinea and Guinea-Bissau, but may enter long coveted Angola and Ethiopia.
Is M-Pesa Heading to Ethiopia?
Ray Le Maistre  
7/18/2018   Post a comment
Speculation suggests Safaricom is about to strike a deal with Ethiopia's government to help introduce the M-Pesa mobile money and banking service to the country's 100 million-plus population and compete with existing player M-BIRR.
Chad to Auction New Mobile License
Wei Shi  
7/17/2018   Post a comment
The telecom regulator of Chad has issued an invitation for tender to auction out a new mobile licence covering 2G, 3G and 4G.
Nigeria Courts US Media, Tech Investment
Connecting Africa News  
7/13/2018   Post a comment
Representatives of the US media, tech and investment sectors have been meeting in Silicon Valley with Nigerian government ministers about potential business and investment opportunities.
Namibia's MTC Helps Polar Power Switch On Its Africa Operation
Ray Le Maistre  
7/12/2018   Post a comment
Polar Power has launched operations in Africa and has a deal to provide power and cooling products to Namibia's leading mobile operator.
French President Macron Unveils Vision For Franco-African Future
Connecting Africa News  
7/9/2018   Post a comment
At an exclusive session hosted by the Tony Elumelu Foundation in Lagos, French President Emmanuel Macron addressed 2,000 young African entrepreneurs and offered his vision of France's relationship with Africa.
Smart City in Mauritius Gets $10M Funding
Connecting Africa News  
7/9/2018   Post a comment
Vantage Capital is providing $10 million of funding for Cap Tamarin Ltée, a smart city property development in Mauritius.
Liquid Telecom & AfriLabs Promote Sustainable Innovation Across Africa
Connecting Africa News  
7/4/2018   Post a comment
Liquid Telecom will deliver connectivity and provide access to cloud-based tools to AfriLabs innovation centers located within its fiber footprint.
Another Tower Operator Shelves IPO
Ray Le Maistre  
6/27/2018   1 comment
Now three planned mobile tower operator IPOs have been abandoned this year as IHS Towers mothballs its plan, according to reports.
Spectrum License Fracas in Nigeria
Connecting Africa News  
6/26/2018   2 comments
The prospective transfer of 800MHz spectrum license from Visafone to MTN Nigeria has Airtel and 9mobile up in arms.
Ethiopia to Split National Telco, Sell Stakes
Connecting Africa News  
6/19/2018   2 comments
EthioTelecom is to be carved up into two separate companies and stakes will slowly be sold to international investors, the government has announced.
Google to Open AI Lab in Ghana
Ray Le Maistre  
6/15/2018   1 comment
Google says it will open a facility dedicated to artificial intelligence (AI) research and its applications in Accra, Ghana, later this year.
Huawei Helps Telecom Egypt Secure a $200M Loan to Fund 4G Rollout
Ray Le Maistre  
5/30/2018   1 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   1 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   1 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.
Page 1 / 2   >   >>




Latest Articles
Major Indian telco is believed to have appointed banks to coordinate the IPO of its African business.
Using WiMax to connect sparse populations in rural areas could be an efficient route to providing Internet access for other markets too.
The new undersea South Atlantic Inter Link (SAIL) fiber connection, built by Huawei Marine, is the first of its kind to directly connect Africa and Latin America across the south Atlantic.
The pilot network delivered a download speed of 1.7 Gbit/s.
The South African fintech startup's solution enables 20,000 merchants to receive card payments.
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