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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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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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Upload Ventures, a SoftBank Latin America Spinout, Seeks to Raise a $250 Million Fund
Less than one year after Upload Ventures spun out of SoftBank’s investment arm, the Latin American–focused investment arm is seeking to raise a $250 million fund.
- Categories
- Investing, Telecommunications
- Region
- Latin America
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Interview: This Online Platform Is Helping Relief Agencies Send Cash Aid to Rural Somalia
Hormuud Telecom is helping donors reach millions of Somali residents engulfed by hunger and starvation, while eliminating the fear of terrorist attacks.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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FinTech Enabler Ukheshe International Attracts Investment From DPI And Fireball Capital To Fuel International Expansion
Ukheshe was established to drive financial inclusion across Africa and beyond, by creating new ways for businesses to develop and grow their financial services offerings.
- Categories
- Finance, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Loss-Stricken Byju’s Seeks Easier Terms on $1.2 Billion Loan
According to persons familiar with the situation, Indian online-education company Byju's is looking to renegotiate its $1.2 billion loan as it battles with high losses and cost-cutting targets.
- Categories
- Education, Telecommunications
- Region
- Asia Pacific
- Tags
- edtech, telecommunications
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