Siemens Mobility and Softil have jointly announced an agreement that will see a range of next-generation communications solutions come to market for use in long term evolution-railway (LTE-R) railways as well as mission-critical push-to-talk (MCPTT) metro applications like underground tram buses etc
Commerce
Paratus Namibia raises capital through rights issue
Paratus Namibia has raised US$3.41mn to continue with its infrastructure rollout in Namibia
Jumia, VIVO Energy ink deal to streamline e-commerce in Africa
The e-commerce platform Jumia and VIVO Energy, the pan-African retailer and distributor of Shell and Engen-branded fuels and lubricants, have signed an agreement to streamline e-commerce and delivery operations in Africa
DPO Group acquires PayFast in a deal for African online payments sector
DPO Group, African payment service provider (PSP), has announced its acquisition of PayFast, one of the largest payment processors in South Africa
Airtel Africa quarterly profit more than doubles in first public report
Airtel Africa Plc reported a quarterly pre-tax profit that more than doubled with the telecoms company signing up more customers for its mobile and data services