East Africa-headquartered carrier-neutral data centre operator Wingu Africa has raised US$60 million to fast-track its regional expansion and, it says, power the continent’s digital transformation.
Ericsson India reportedly sold off its 0.6% stake in Vodafone Idea (Vi) on Tuesday to undisclosed buyers for INR4.28 billion (US$49.9 million), less than two months after Nokia’s Indian unit did likewise.
Pan-African telecommunications service provider Axian Telecom is continuing to make news, this time with the announcement that it has acquired an 8% stake in African e-commerce giant Jumia.
Orange Egypt has secured a syndicated loan worth over US$80 million from the European Bank for Reconstruction and Development (EBRD) and Banque Misr to help cover the cost of its recently acquired 5G mobile licence.
The government of Burkina Faso has announced plans to roll out 800 telecom towers in 2025 to facilitate network coverage in ‘white zones’ – areas with no network coverage.
