MTN to sell majority stake in Afrihost
South Africa-based MTN Group has announced it is selling its 50.02% shareholding local in internet services provider Afrihost to the executive management of the ...
Tag: Africa
EIB mulls €105m project financing for Tunisie Telecom
The European Investment Bank (EIB) is considering lending Tunisie Telecom some €105m (US$120m) to help roll out a nationwide 4G ...
Telkom no longer interested in Broadband Infraco – report
South African fixed-line incumbent Telkom is reportedly no longer interested in state-owned fibre provider Broadband Infraco. Disagreements over the deal value were behind the ...
Telecom Egypt can keep Vodafone stake – report
State-owned Telecom Egypt will reportedly be allowed to hold on to its 45% stake in mobile operator Vodafone Egypt following the introduction of 4G ...
Orange completes purchase of Airtel in Burkino Faso
Orange and its Côte d’Ivoire subsidiary have completed the purchase of Burkina Faso’s second largest mobile operator Airtel from Bharti ...
InfraMed buys 21% of Eutelsat’s African satellite broadband venture
Eutelsat has sold a stake of around 21% in its African satellite broadband venture to infrastructure-focused investor InfraMed for an undisclosed sum. The Paris-based ...
Rob Shuter becomes MTN Group’s new CEO
South Africa-based MTN has appointed Rob Shuter (pictured) as its new group president and CEO “after an extensive global search”, it said in a ...
Telkom Kenya names Aldo Mareuse as CEO
Telkom Kenya has appointed Aldo Mareuse as its new CEO in the wake of French incumbent Orange completing the sale of its 70% stake in the ...
Bank of Khartoum to take Etisalat stake in Canar, blocks sale to Zain
The Bank of Khartoum has exercised its right as a shareholder in Sudanese fixed-line operator Canar to buy Etisalat’s 92.3% ...
TGH and GTS establish JV to invest US$500m in renewable tower sector
A unit of US-based Tillman Global Holdings (TGH) and UK-based Global Tower Solutions (GTS) have created a joint venture, Tillman ...
