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US-based tech monolith Google, a subsidiary of Alphabet Inc, has announced its plans to invest $1-billion over 5 years to accelerate and support digital transformation across Africa through a series of new initiatives, from faster internet to backing startups. The announcements were first made during yesterday’s first-ever Google for Africa virtual event, which can be...

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Shares in French satellite company Eutelsat (ETL.PA) surged on Thursday after the company rejected a bid proposal from billionaire Patrick Drahi, whose business interests include auction house Sotheby’s and media group Altice. “Eutelsat Communications confirms that the proposal received from Mr. Patrick Drahi – and rejected unanimously by the relevant governance bodies of the company – prices...

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In 2020, Covid-19 forced telecom operators to increase their data capacities. But only part of the African population, mostly urban, has benefited. The Alliance for Affordable Internet calls for better access to mobile devices adapted to broadband to improve access for all. According to the World Association of Telephone Operators (GSMA), the mobile Internet penetration rate was...

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Facebook Inc blamed a “faulty configuration change” for a nearly six-hour outage on Monday that prevented the company’s 3.5 billion users from accessing its social media and messaging services such as WhatsApp, Instagram and Messenger. The company did not specify who executed the configuration change and whether it was planned. Several Facebook employees who declined to...

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IHS Towers, one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world, announced today that it has commenced an initial public offering (IPO) of 22.5 million ordinary shares. Of these shares, 18 million are being offered by IHS Towers and 4.5 million are being offered by certain selling shareholders,...

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Global enabler of digital commerce across the MEA region, Network International has acquired pan-African payment service provider DPO Group in a landmark US$291.3-million deal. According to a statement released by the companies, the Dubai-based Network International has acquired 100% of DPO Group, which will continue to operate under the same brand in existing territories. DPO...