East Africa’s investment and venture capital markets are set for a revolution with the establishment of the Africa Technology Media and Telecoms (ATMT) Fund.

ONE of Nigeria’s wealthiest entrepreneurs has made a surprise bid to Telkom, proposing to create a pan-African telecoms giant by marrying Telkom’s 50% stake in Vodacom with Nigeria’s cellular operator Globacom. The bid threatens to disrupt a plan already at…

IDS Software, provider of integrated IT solutions for the hospitality industry, has forayed into the Nigerian market to make available its services in that country.IDS Software has partnered Nigerian ValuePlus Software, a banking software solutions company.

ITNewsAfrica.com Africa’s independent media portal fully dedicated to ICT affairs is proud to announce the appointment of its new Online Editor; Samuel Mungadze. Mungadze is a qualified journalist with years of experience in the Media Industry. His working career has…

Owing to the lack of adequate infrastructure and high costs, Malawi still lags behind in the use of internet. Malawi’s minister of labour Davis Katsonga was speaking in the country’s capital Lilongwe during the opening of the 3rd annual connecting…

South African media giant, Naspers, has partnered with a mobile networking and advertising start-up based in Singapore, BuzzCity with a $10 million investment.

Sahara Computers, together with the Mozambican government, has confirmed that work on the planned computer assembly plant is expected to be completed by September 2008.

The Rwandan President, Paul Kagame has challenged African investors to invest more in the ICT sector. Kagame said this yesterday while officiating at the official launch of Chinese owned Star Africa Media at Jali hill in the Rwandan Gasabo district.

Dell has unveiled two new Vostro laptops and two desktops designed specifically for small businesses, governments and educational institutions operating on limited budgets in India and the emerging economies.

Fortinet, a pioneer and provider of unified threat management (UTM) solutions, has announced that global market research firm Frost & Sullivan has bestowed on the company the “Global Competitive Strategy Leadership of the Year” best practices award for enabling profitable…

A paradigm shift of sorts is taking place. Once the key driver of business, Information Technology (IT) is now one, of a few, important enablers. Undoubtedly this is quite a mind shift if compared to the late nineties where the…

Telkom has indicated that discussions with Vodafone, and independent talks with a consortium comprising Mvelaphanda Holdings, Och-Ziff Capital and other strategic funders, were ongoing.

Mumbai based Essar Global Ltd has announced plans to invest $500 million over two years in Kenya’s, Econet Wireless, surpasing the $307-million proposed by  Kenyan government owned Telekom Kenya in May this year. This is the Esar Group’s first major…

Vodacom has announced the acquisition of a shareholding in Storage Technologies Services (StorTech), a managed enterprise data centre services company providing a range of storage and security services. Vodacom purchased 51% of StorTech; approximately 31% will remain with StorTech’s BEE…

According to a July 2008 report from independent analyst firm Forrester Research, Oracle is a leader in enterprise business intelligence (BI) platforms.