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Investment Africa Data Centres Gets Over $100 Million Funding From RMB
The partners in the deal say the financing agreement demonstrates the strong financial position of Africa Data Centres and its commitment to investing in the digital transformation of South Africa.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion
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Helios Towers’ Public Listed Bond, Co-anchored by BII, Mobilises Private Capital of Over $700 Million to Support Africa’s Digital Transformation
BII is providing $30m anchor commitment, alongside other anchor investors including IFC, DEG and the Emerging Africa Infrastructure Fund.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Safaricom Ethiopia to Use Locally Manufactured Telecom Towers
Safaricom Ethiopia hopes the new towers will help it expand its network and customer base which now stands at 4.4 million.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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India’s Top Telco Ventures Outside Home to Take on Africa
Reliance Jio became a top telecoms player in India, with more than 40% of the market share, within 8 years of launching there.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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TowerCo Gets $30 Million from UK Agency for Telco Towers in Tanzania
ToA Tanzania focuses on owning and operating passive telecommunications infrastructure for lease to mobile network operators.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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M-Pesa and Data Revenue Push Safaricom to First Profit Growth in Three Years
Revenues from M-Pesa grew 20% year-on-year, reaching $1 billion (KES140 billion) from $891.3 million.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Inclusion Requires Interoperability: Why All Digital Financial Services Should be Interoperable
As of 2021, there were 1.4 billion financially excluded people globally — over 1 billion fewer than there were in 2011. As Briana Marbury at the Interledger Foundation explains, mobile money and other digital financial products and services have helped to drive this progress, reaching populations that have traditionally been excluded. But she argues that this momentum has highlighted an emerging issue that could limit the impact of the growth in financial inclusion: the lack of interoperability between digital systems.
- Categories
- Finance, Technology, Telecommunications
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Bayobab Acquires MTN Zambia’s Fibre Assets to Further Growth Plans
According to Bayobab, the milestone marks a major step in its strategic growth plans in line with the company’s 2025 targets set by MTN.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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