African network operator Liquid Telecom has raised US$307 million via a rights issue in order to invest in data centre projects across the continent. Liquid has already built more than 70,000 km of fibre networking across Africa and operates data centres in South Africa, Kenya and...
Airtel Africa - one of the continent’s biggest telecoms businesses - has confirmed it will list on the London Stock Exchange by the end of the month, in a bid to reduce its net debt. The group set a price range for the float at between...
Safaricom’s CEO Bob Collymore has revealed that the East African telecoms giant plans to introduce its M-Pesa service in at least one other market by the end of the financial year in March. “By full year, we’ll be able to give you at least one market,”...
Safaricom has been named as the best employer in Africa by Forbes business magazine in its annual ranking of 500 publicly-listed companies from 60 countries. The annual Forbes Global 2000 list, now in its 16th edition, ranked Safaricom 67th in the world, ahead of South African...