IFC supports WIOCC’s African aims with major investment

IFC supports WIOCC’s African aims with major investment

IFC — a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets – has announced that it is expanding its relationship with West Indian Ocean Cable Company Holding (WIOCC Group), a leading digital connectivity and infrastructure provider in Africa, with a $30 million equity investment.

Russia loses race to lead ITU

Russia loses race to lead ITU

Member states of the International Telecommunication Union elected US representative Doreen Bogdan-Martin as its next secretary-general, beating Russia’s Rashid Ismailov.