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Sanari Capital Invests $5 Million in Energenic Holdings to Boost Energy Solutions in Africa
With electrification rates averaging only 30% in many regions, there is increasing demand for alternative power solutions, particularly renewable hybrid systems.
- Categories
- Energy, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: Gender Equality Cannot Be Last on the Agenda at COP29 Climate Talks
Women can be powerful agents of climate action if included in decision-making processes and given access to the right resources.
- Categories
- Agriculture, Education, Energy, Environment, Finance, Health Care, Impact Assessment, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Global
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EAAIF Makes Anchor Investment of $28 Million in Africell
The Emerging Africa & Asia Infrastructure Fund has invested in the African mobile operator’s $300m international public bond, the proceeds of which will strengthen mobile and data connectivity for subscribers in four countries.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Report: Mobile Internet ‘Usage Gap’ Comprises More Than 3 Billion People
The GSMA estimates investment of $418 billion will be needed to achieve universal mobile internet access.
- Categories
- Technology, Telecommunications
- Region
- Global
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IHS Towers, Africa’s Largest Telecom Tower Company, Secures $439 Million Loan to Refinance Debt and Support Expansion
By refinancing early, the company may benefit from better terms, potentially lowering interest costs and extending its debt repayment timeline.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- employment, lending
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Pan-African Telco Paratus Group Partners with Low Earth Orbit Satellite Operators to Extend its Internet Network
Through its partnership agreements with global low earth orbit (LEO), Paratus is positioning itself to offer an extensive LEO satellite network across Africa as regulatory and satellite coverage hurdles are overcome.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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MTN Congo Launches 5G, Claims First in Central Africa
MTN Congo announced the deployment of its 5G network in Congo, claiming that the country is the first to launch 5G in Central Africa and a "digital revolution" that will transform Congolese lives.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Elon Musk’s Starlink Shakes up Competition in Africa
Starlink’s satellite internet rollout across Africa is sparking complaints of unfair competition from telecommunications companies and internet service providers.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa