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Since last year, several countries, faced with their digital gaps during the Covid-19, have taken out loans to accelerate their transformation. Rwanda, which is among the African nations with a commendable level of digital preparation, has also decided to go beyond its current achievements. The World Bank announced on 1 st December approving funding of $ 100 million...

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MTN Nigeria has launched a national roadshow to engage interested retail investors in the on-going offer by MTN Group for shares in MTN Nigeria. The first event of the roadshow has been held in Abuja. According to MTN, the company’s Group Chairman Mcebisi Jonas and MTN Group President and CEO Ralph Mupita attended the roadshow,...

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New pan-African datacentre company Open Access Data Centres (OADC) has announced a US$500-mllion-plus, multi-year investment programme to construct and operate a network of more than 20 world-class, carrier-neutral, GreenStar and Uptime Institute Tier III accredited datacentres across Africa, optimised to serve the needs of the cloud provider and wholesale community. This follows recent news that...

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World Bank Group member IFC has partnered with Liquid Intelligent Technologies (LIT) to expand datacentre capacity and the rollout of fibre-optic cable on the continent. According to information supplied, the alliance with LIT aims to increase digital connectivity and inclusion in Africa and to support the region’s growing digital ecosystem. IFC’s equity and debt investments...

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CDC Group, the UK development finance institution and investor, has announced commitments totalling USD 50.9 million to expand digital infrastructure, boost rural connectivity and accelerate digital technology access for rural and underserved communities in sub-Saharan Africa. It will support growth of the ICT sector in the continent, develop necessary infrastructure and provide rural and underserved...

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Delayed for more than a year because of the global pandemic, the IPO of the incumbent telecommunications operator is finally on track. The Namibian government places high hopes in this operation to inject dynamism into national growth. Shares of Namibia’s state-owned telecoms operator, Mobile Telecommunications Limited (MTC), officially went on sale Monday, September 20, on the...