Africa & Middle East – Page 6
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M&ATelefónica puts Nabiax stake 'up for sale'
Report from Reuters indicates Asterion has appointed banks to explore divestment of Nabiax, potentially including Telefónica’s remaining 20% stake. Speculation closely follows sale of Nabiax’s Americas portfolio, marking a shift of focus onto Spanish market.
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PremiumVodafone Q1 FY23-24 Headlines: Europe battles on despite stumbles at the top
European markets battle on but Germany, Italy, and Spain still faltering.
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Network & InfrastructureVodacom pledges more cash for network and backup power expansion
Vodacom investing in network and power backup upgrades in South Africa’s Eastern Cape.
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Network & InfrastructureVodafone spreads Qwilt to network edge
Scalable open CDN solution said to provide end-users on Vodafone network with responsive, low-latency streaming services.
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Financial & PerformanceBII lauds digital infra investment impact in tough economic climate
BII CEO Nick O’Donohoe sees private sector funding as critical to delivering long-term, sustainable solutions that grants alone cannot provide.
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Financial & PerformanceKenya “talent war” rages as Safaricom focuses on skills
Kenyan operator warns that the talent pool must grow wider and deeper to achieve digital transformation ambitions.
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Network & InfrastructureOrange maintains 5G momentum with launch in Jordan
The Group has now launched 5G in nine countries, of which two are in Middle East and Africa. Orange Europe CMO hints at imminent 5G standalone launches after Spain.
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PremiumElsewhere in Africa: Authorities break up battery theft crime ring
Authorities break up battery theft crime ring.
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Venturing & InvestmentsSafaricom plans new venturing vehicles for startup, scaleup investments
Kenyan operator proposes to launch new Venture Co. vehicle for scaleup investments and re-launch Spark Fund for early-stage startups.
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PremiumVodafone Peoplewatch: Cell C swoops for ex-Vodacom execs
June 2023 update: Former Vodacom consumer chief Jorge Mendes takes top job at South African operator Cell C.
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Strategy & ChangeE& expansion rumours encroach on Vodafone turf
Vodafone’s largest shareholder following through with global growth ambitions, with early targets coinciding with European operator’s satellites.
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PeopleOrange people moves: new Chairman moves in as enterprise unit switches up execs
Jacques Aschenbroich appointed new Chairman, with Group CEO and Chairman roles now split under new structure. Orange Business bolsters leadership team with series of new hires. Poland and Romania swap CEOs.
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Venturing & InvestmentsEastcastle eyes DRC for IFC-fuelled tower expansion
International Finance Corporation backs Eastcastle Infrastructure with multi-million dollar debt package, as TowerCo seeks portfolio growth.
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PremiumVodacom names partner for merchant network expansion
Network International provides managed payment services for Vodacom Financial and Digital Lifestyle Services.
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Partnerships & AlliancesSafaricom builds Kenyan smartphone factory in budget device drive
Operator joins Chinese manufacturer and Kenyan ISP Jamii to co-create cut-price smartphones.
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OperationsProgress made, but long road ahead for Vodacom on emissions reduction
Group reports 17.3% downturn in total Scope 1 & 2 emissions when compared to previous FY.
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Network & InfrastructureIFC backs SEACOM for sub-Saharan broadband boost
IFC funds subsea cable operator SEACOM to improve broadband services in seven African nations.
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PeopleSafaricom Ethiopia loses CEO as Soussa’s time comes to an end
Anwar Soussa to exit at the end of July, with no replacement yet named.
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Partnerships & AlliancesVodacom forges partnerships, bundles services in DRC mining boom
Vodacom Business targets further services expansion for DRC mining customers, building on existing partnerships.
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Network & InfrastructureThe Backfill: Macquarie ploughs millions into data centre growth
Macquarie Technology launches new placement, aiming to capitalise on AI and cloud “megatrends” and finance data centre growth.