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China Intensifies Tech War With US With $500 Million Subsea Internet Cable
The escalating tech war between the two economic giants and may threaten global internet infrastructure.
- Categories
- Technology, Telecommunications
- Region
- Global
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Africa Mobile Networks Secures $20 Million Loan for Rural Push
This latest financial backing follows a $36 million private equity investment from a consortium led by South African private equity firm Metier in 2021.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Rwazi, A Market Intelligence Firm, Raises $4 Million In Seed Funding
The funding will help the startup with planned product launches and market expansion.
- Categories
- Investing, Telecommunications
- Region
- Sub-Saharan Africa
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Tanzania Payment Ecosystem Improved Following Three Way Partnership Including Mastercard
The launch of the virtual card will ensure Tigo’s ability to provide its customers access to products and services previously a preserve of physical credit card holders.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Diaspora Remittances, Impact of SVB’s Failure on African Startups in Focus as African Diaspora Investment Symposium Begins
The closure of SVB Bank triggered panic on the African continent, and that fear is not without reason.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- failure, fintech, remittances, startups
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China’s Telecom Giant Sunwalk Group To Invest USD 2 Billion In Pakistan’s Telecom Industry
Pakistan will develop an optical fibre network covering an area of 1,00,000 kilometers as Chinese Sunwalk group to invest USD 2 billion in telecom industry.
- Categories
- Technology, Telecommunications
- Region
- Asia Pacific
- Tags
- infrastructure
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Why Safaricom, East Africa’s Biggest Telecom, Is Getting Sued by Its Customers
Pressure is mounting on Safaricom, with two major lawsuits from its customers now demanding accountability from the telco giant.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Western Union, MFS Africa to Enable Money Transfers Across Africa
To enable individuals and businesses across Africa to receive money from over 200 countries and territories, the continent’s largest payment gateway, MFS Africa, has partnered with Western Union.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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