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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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The Coca-Cola Co. Announces Five-Year Investment in Kenya
The Diet Coke maker said it plans to increase investment in the region by “up to $175m”.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: Microsoft and G42 Announce $1 Billion Comprehensive Digital Ecosystem Initiative for Kenya
The largest single private-sector digital investment in Kenya’s history will support economic development across East Africa.
- Categories
- Investing, Technology
- 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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Techstars-Backed BlackCopper Set Out to Disrupt Lending, Now It Owes Investors ₦1 Billion
Despite its bright start and significant press coverage, BlackCopper soon faced an existential crisis: it could not recover over 60,000 loans disbursed to customers.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- digital finance, failure, fintech, lending, startups
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UBA Gets Sh37 Billion Loan From Parent for SMEs
UBA Kenya joins the growing list of lenders directing money towards small businesses.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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South Africa in Talks With Climate Backers Over Delaying Coal Plant Closures
Keeping the lights in a struggling economy while shutting down some old coal-fired plants supplying most of South Africa’s electricity needs has proven a tough task.
- Categories
- Energy, Environment
- 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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