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At €20,000, Will Volkswagen’s Future EV Be Affordable for Africans?
In Africa and Asia, where purchasing power is low, household spending priorities lie elsewhere, despite the desire to go all-electric.
- Categories
- Energy, Transportation
- Region
- Global
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Press Release: Cashew Coast Raises €9 Million From AgDevCo to Expand Its Traceable Organic Cashew Processing Business in Cote D’Ivoire
Cashew Coast is a fast-growing cashew nut processing business, which employs 750 people and sources from more than 7,000 smallholder farmers.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Press Release: The Indo-Pacific Partnership for Prosperity, Global Infrastructure Partners and KKR Lead Creation of Coalition to Mobilize Infrastructure Investment in the Indo-Pacific Region
The coalition aims to accelerate investment in infrastructure and support IPEF economies in achieving their economic development, human capital and sustainability goals.
- Categories
- Investing
- Region
- Global
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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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Raxio Opens a Data Centre in Mozambique and Plans to Launch More Facilities on the Continent
Raxio Group has announced the opening of its first facility in Mozambique as part of its $290 million investment strategy on the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- data, infrastructure
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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