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Posts Tagged ‘investment’

  • Morocco’s attractive broadband network

    July 18, 2011 • Top StoriesComments Off on Morocco’s attractive broadband network

    Morocco’s growing broadband network and an increase in competition for video has placed the region at the forefront for regional ICT  investments. “Whether it be VOIP providers, broadband Internet repackaging, or pay-TV installers, the smaller companies...

  • Grow VC setting the pace for crowd funding

    July 13, 2011 • Startups, Top StoriesComments Off on Grow VC setting the pace for crowd funding

    Grow Venture Ccommunity, a Virtual Silicon Valley platform creator, has launched a new model to make startup funding globally more transparent and effective. GrowVC, the first global crowd funding platform, is an online venture community and micro-funding...

  • Algeria plans to invest in silicon

    July 12, 2011 • Top StoriesComments Off on Algeria plans to invest in silicon

    Youssef Yousfi, the Algerian Minister of Energy and Mines, has announced that the state-owned electricity and gas company Sonelgaz is preparing to invest €250 million in silicon exploration. The Algerian company hopes to start the production of silicon by...

  • Airtel Nigeria appeals for infrastructure protection

    July 7, 2011 • Mobile and Telecoms, Top StoriesComments Off on Airtel Nigeria appeals for infrastructure protection

    Telecommunications service provider Airtel Networks Nigeria has appealed to the Federal Government through the Nigerian Communications Commission (NCC) to “include telecommunications equipment in the list of national infrastructure protected by law” in...

  • Comviva drives African data volumes

    July 6, 2011 • Mobile and TelecomsComments Off on Comviva drives African data volumes

    Comviva, a provider of mobile solutions beyond VAS, says its Mobile Data Solutions can help operators in Africa increase their data volume by 41% and increase the ARPU (Average Revenue per User) by 20%. “Africa has witnessed the highest growth in mobile...

  • Interview: iBurst sees success in DRC

    July 5, 2011 • Top StoriesComments Off on Interview: iBurst sees success in DRC

    iBurst Africa is a wireless data provider established by its current founder and CEO, Thami Mtshali, to offer superior connectivity solutions to consumers and businesses on the African continent. iBurst Africa has established operations in the Democratic...

  • Intel Capital eyes African tech market

    July 4, 2011 • Top StoriesComments Off on Intel Capital eyes African tech market

    African innovation is at the heart of Intel’s interest in the African technology market. Intel Capital is Intel’s investment division that makes equity investments in innovative technology start-ups and established companies. Currently Intel Capital is...

  • Altech in key empowerment drive

    June 28, 2011 • Mobile and Telecoms, Top StoriesComments Off on Altech in key empowerment drive

    Craig Venter, CEO for Altech, a South African multi-billion rand high-tech group, shares his insights on the future of the group, the SA government’s role in the ICT sector and a recent empowerment deal with Southern Palace. ITNewsAfrica.com: What are your...

  • SA, Kenya and Nigeria – Africa’s Investment hub

    June 27, 2011 • Mobile and TelecomsComments Off on SA, Kenya and Nigeria – Africa’s Investment hub

    International investors have chosen South Africa, Nigeria and Kenya as the best African countries for potential investment on the continent. A survey conducted by Africa Business Panel among 800 business professionals involved with Africa shows that these...

  • ICT key to Kenya’s growth

    June 17, 2011 • Mobile and TelecomsComments Off on ICT key to Kenya’s growth

    ICT is key to a continued economic growth for Kenya. This is the sentiment of the World Bank’s top Kenya representative Johannes Zutt. Zutt was addressing official delegates during the opening of a new Media Lab, funded by the bank. Zutt says a combination...

  • Cisco to invest $10 million in Egypt

    May 27, 2011 • Mobile and TelecomsComments Off on Cisco to invest $10 million in Egypt

    Cisco is making a move in Egypt. This week, the company announced that it was investing $10 million in venture capital investments that would be aimed at growing high-potential small business in the country. The announcement was cheered by analysts, who said...

  • MTN Nigeria to get $1 billion boost

    March 15, 2011 • Mobile and Telecoms, Top StoriesComments (1)

    MTN Nigeria, part of the company’s growing African empire, announced it is budgeting some $1 billion in its total capital for the year. In the statement from the company, much of the funds will go to bolstering high quality services through what the company...

  • Nigeria to receive $79m telecoms investment

    February 21, 2011 • Mobile and TelecomsComments (1)

    IHS Nigeria Plc (IHS) and Investec Asset Management, the International Finance Corporation (IFC), a member of the World Bank Group, and the Netherlands Development Finance Company (FMO) have concluded an agreement worth US$79 million (N11.9 billion). This...

  • Telecom New Zealand extends African investment

    February 17, 2011 • Mobile and TelecomsComments Off on Telecom New Zealand extends African investment

    Telecom New Zealand, one of New Zealand’s largest telecommunications service providers, is extending and expanding its relationship with Brightstar, a major player in services and solutions for the wireless industry. The goal is to increase its...

  • France Telecom still confident in Africa, Middle East

    February 17, 2011 • Mobile and TelecomsComments (1)

    Ongoing unrest in Libya and Algeria and the recent political upheavels in Egypt and Tunisia has not changed France Telecom’s strategy to invest in Africa and the Middle East, a senior company executive said Monday. “There is no modification to our...