Finance house buys stake in Liquid Telecom
21 May 2019
Pan-African firm Liquid Telecom has completed a deal with CDC Group, which will see the development finance house become an eight per cent shareholder in the operator for a USD180m investment.
CDC, formerly known as the Commonwealth Development Corporation, is owned by the British government and it is focused on investments in Asia and Africa.
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Econet Wireless goes solar
21 May 2019
At peak the plant will provide close to 45 per cent of the business’s electricity needs
Zimbabwean telecom giant Econet Wireless has commissioned a 450 KWp solar power plant at its Willowvale industrial complex.
The grid tied solar system will operate under a 25-year Independent Power Producer (IPP) licence.
It was implemented by Distributed Power Africa (DPA), Econet’s solar business in line with the company’s commitment towards the adoption of clean and renewable energy in Zimbabwe.
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Lusaka resident sues MTN and ZICTA
16 May 2019
A Lusaka man has brought legal action against MTN Zambia and Zambia Information Communication Technology Authority (ZICTA) for negligence and allowing mobile money fraudsters to breach his privacy.
Zephrantheniah Mudenda has claimed that a scam message was sent to his device from an unregistered number after fraudsters allegedly listened to his phone conversation.
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Fixed broadband subscriptions in sub-Saharan Africa tipped to grow three-fold in 2023 – Ovum report
16 May 2019
Fixed broadband subscriptions in sub-Saharan Africa (SSA) are tipped to multiply three-fold to 17 million in 2023, from the current levels of 6.6 million, according to Ovum, a London-based global technology research and advisory firm.
The report, called Fixed- Wireless Access Broadband Drives Development in sub-Saharan Africa, said that the region’s legacy of poor fixed-network coverage represents a significantly large and untapped market for broadband service providers. However, strong demand for broadband connectivity in SSA is not being adequately addressed by wireline technologies such as XDSL and fibre.
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