Monty Mobile revealed as rescuer of Comium Ghana
The name of the UK company investing in troubled Gambian operator Comium and, importantly, promising to rid it of its outstanding debts has been revealed. It is Monty Mobile.
Google to provide $1 billion investment for Africa
Google’s CEO Sundar Pichai confirmed that the tech giant will invest $1 billion into Africa across the next five years.
Indian government makes telecoms investment easier
The Indian government has confirmed that it will be applying two of the reforms to the telecommunications sector that it announced on 15 September.
Turkey’s SWF mulls Turk Telekom takeover
Turkey Wealth Fund (TWF), the sovereign wealth fund (SWF) of the country, is considering a majority takeover of fixed and mobile operator Turk Telekom or Turk Telekomunikasyon (TT), according to a report by Bloomberg.
New Africa Finance Corporation division to fund climate resilience
As part of its drive to address Africa’s vulnerability to climate risk, Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners, with a debut offering: the Infrastructure Climate Resilient Fund (ICRF).
