Eutelsat and Liquid sign agreement to enable SMEs in Africa to access internet via satellite

AFRICA – Eutelsat Communications and Liquid Intelligent Technologies (Liquid), have signed a multi-year, multi-beam agreement for capacity on the EUTELSAT KONNECT satellite. This is meant to address the connectivity needs of Small and Medium Enterprises (SME) and Small Office / Home Office (SOHO) customers in Uganda, South Sudan and the Eastern regions of the Democratic Republic of Congo. Under the…

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MTN Groups appoints new Chief Consumer Officer and Chief Strategy and Transformation Officer

AFRICA – Telecoms company MTN Group, has announced a review of its executive structure as the company gears up to deliver on its Ambition 2025 strategy to transform from a Telco to a TechCo. In line with this strategic shift, the company has appointed Ernst Fonternel into the role of Chief Consumer Officer and Divyesh Joshi into the role of…

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Safaricom Ethiopia set to receive US$160m from IFC to boost its capital expenditure

ETHIOPIA – The World Bank’s private investment arm, the International Finance Corporation (IFC), has announced plans to inject up to US$160 million in equity into telecoms firm Safaricom Ethiopia to help fund its capital expenditure. Safaricom Ethiopia, partly owned by Kenyan telecoms operator Safaricom, started phased operations in August in the country’s Dire Dawa city and Haramaya this month. IFC…

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Three foreign firms get approval to convert loans into equity shares in Wananchi Group

KENYA – The Competition Authority of Kenya (CAK) has approved the conversion of loans advanced by three foreign firms to internet and pay TV provider, Wananchi Group into equity shares. The companies, Triple Hold Co Limited, Liberty Global Europe 2 Limited (Liberty), and Altice Africa S.A.R.L (Altice) will get certain controlling rights of Wananchi Group. “The transaction involves the three…

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Africa Data Centres begins works on Samrand facility expansion

SOUTH AFRICA – Africa Data Centres, a business of Cassava Technologies, a pan-African technology group, has announced that it has broken ground on the expansion of its Samrand facility in Johannesburg, from 10MW to 40MW of IT load. The company recently said it is expanding its capacity in Johannesburg to 100MW of IT load. This announcement comes hot on the…

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Cynthia Karuri-Kropac joins Safaricom as Chief Enterprise Business Officer

KENYA – Safaricom, a mobile network operator, has announced the appointment of Cynthia Karuri-Kropac as its Chief Enterprise Business Officer effective 1st September 2022. Cynthia joins Safaricom from US telco AT&T, where she has been the Senior Director, Enterprise Mobile and IoT Technologies, since 2019. Her career at AT&T. spanned 19 years, having held various management and leadership roles. “With…

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Telecoms company Telkom to provide US$0.3m funds for small businesses

SOUTH AFRICA – Telkom, a telecommunication provider, has launched a lending facility, targeting businesses with loans of up to R5 million (US$0.3m), joining its peers that are also providing funding options to small and medium enterprises. The telco unveiled the lending platform, inviting qualifying businesses to apply online, saying it is eliminating old-style bank processes, as fast funding for businesses…

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Husk power partners Hotspot Network to supply solar power in mobile towers

NIGERIA – Hotspot Network Ltd. (HNL), a telecommunications service provider, and Husk Power Systems, operator of rural solar-hybrid microgrids, has announced a partnership in Nigeria to transition mobile towers from diesel generation to solar power, and to bundle electricity and connectivity solutions for off-grid communities. The two companies have already converted nearly 20 of Hotspot’s mobile towers from diesel to…

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Liquid Intelligent Technologies finalizes 100% acquisition of Israeli’s tech company Telrad

AFRIICA – Technology infrastructure and services provider Liquid Intelligent Technologies, a business of Cassava Technologies, has finalised its 100% acquisition and delisting of Israeli-based technology company Telrad. Telrad, which has a presence in 13 countries across the Middle East, South America, the US, Eastern Europe and Asia, offers innovative technology products, services and solutions, including networking, cloud infrastructure, information technology,…

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SEACOM partners BT to expand enterprise service offerings across Africa

AFRICA – SEACOM, a company that offers cloud-ready networking solutions, and BT, a multinational telecommunication holding company, aiming to expand the British operator’s various enterprise service offerings across Africa. The strategic alliance will help SEACOM further secure its own infrastructure and deliver new networking, security and communications solutions to enterprise customers in Africa. As a leading Internet connectivity supplier that…

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