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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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AFC to Raise Almost $1 Billion for Africa Infrastructure Plans
Africa Finance Corp. is looking to raise almost $1 billion in the first half of 2024 to support industries and resilience against climate change as it readies for the next growth phase across the continent.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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Press Release: Mediterrania Capital Partners Completes Exit Process from TGCC as it Approaches €1 Billion Capitalisation Milestone
Mediterrania Capital Partners (MCP), a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces it has completed its exit process from TGCC, a leading construction and civil engineering company based in Morocco.
- Categories
- Investing
- Region
- North Africa & Near East
- Tags
- housing, infrastructure
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Mauritius Telecom to Build Africa-Asia Subsea Cable – Report
The T4 cable is expected to replace the 13,500 km (8,400 miles) SAFE cable and will run a similar route that spans South Africa, Madagascar, La Reunion, Mauritius, India, and Singapore.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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Microsoft Announces US $2.2 Billion Investment to Fuel Malaysia’s Cloud and AI Transformation
Today, Microsoft announced it will invest US$2.2 billion over the next four years to support Malaysia’s digital transformation – the single largest investment in its 32-year history in the country.
- Categories
- Investing, Technology
- Region
- South Asia
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Microsoft Announces US $1.7 Billion Investment to Advance Indonesia’s Cloud and AI Ambitions
Investment includes new cloud and AI infrastructure, major AI skilling initiatives, and support for Indonesia’s growing developer community.
- Categories
- Technology
- Region
- South Asia
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Analysis: Tackling Africa’s Most Neglected Infrastructure Problem
Scaling-up irrigation is vital to enable farmers to increase output and improve resilience.
- Categories
- Agriculture, WASH
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, MSMEs, scale, smallholder farmers, water
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