Telecoms company Econet Wireless Global Limited has secured financing of US$362 million that it plans to use to help boost its operations in Zimbabwe and Burundi
Commerce
Comztek steps into Mauritius market
African communications and technology distributor Comztek has opened a new office in Mauritius
Rwanda to receive US$100 million investment from telecoms firm
Telecommunications company Airtel Africa has said it will invest US$100 million into its Rwandan operations over the next three years
Orange launches second ICT innovation competition
Telecommunications giant Orange has launched the second edition of its Orange African Social Venture Prize, which will provide winning companies with a financial endowment and expert support
M&A hunt continues for MTN Group
South African telecommunications firm MTN Group has said that it will continue its search for merger-and-acquisition (M&A) opportunities across the continent, according to The Wall Street Journal’s MarketWatch newswire