(This is a transcript of the podcast posted on Monday, August 23th, 2021. You can listen to the podcast by clicking on this link https://open.spotify.com/episode/65EOEkIMxmHoqG8veXjMHe?si=ma3YD4a5RWeUomTFiP9ycw&dl_branch=1&nd=1) DUMI JERE: Greetings ladies and gentlemen. Welcome to this week’s episode of...
Teraco Data Environments, Africa’s largest data center company, has raised $170 million to fund construction of a new facility in South Africa. The financing arrangement was led by Johannesburg-based lender Absa Group, and will help Teraco construct a seventh site in Africa’s most developed nation, according to Chief...
As the world hurtles towards 5G mobile network, NASA has selected Finish tech company Nokia to construct the first-ever 4G mobile network on the moon. Nokia’s U.S. industrial research arm, Bell Labs, is offering up its infrastructure to NASA to assist build out the lunar network. An announcement...
https://www.youtube.com/watch?v=4ouS38TAxDM...
Ethiopia has issued a new directive that allows diaspora and local enterprises engage in provision of mobile money services. The directive has however prohibited the entry of foreign companies in the sector- a roadblock for companies like M-PESA that have been planning to enter into the Ethiopian market this year....
Coronavirus is likely to delay the water filling of Ethiopia’s biggest dam on the River Nile by one year, a top government official working at the country’s Ministry of Water, Irrigation and Electricity revealed. Contractors involved in metal construction works at the dam are not getting inputs needed...
The country takes action to support its services industry and engages on an industry-wide dialogue to study other measures for upstream operators and ongoing midstream projects MALABO, Equatorial Guinea, March 23, 2020/ — The Ministry of Mines and Hydrocarbons (MMH) of the Republic of Equatorial Guinea decided on the waiving of...
Changes in Safaricom’s ownership seem to have freed the company up for more rapid expansion into other markets. In May, UK telecoms giant Vodafone transferred a 35% stake in Safaricom to its South African offshoot Vodacom, in return for more equity in Vodacom valued at KSh260bn ($2.48bn). This...
