Eaton Towers secures US$60mn debt facility for Uganda tower investments

Telecoms tower sunsetAfrican tower ownership and management company, Eaton Towers, has a US$60mn debt financing agreement in place to construct and develop new and existing telecom towers within Uganda

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InMobi closes operations in Africa

mobileMobile-advertising network InMobi has closed its Africa-based operations due to what it described as the low uptake of mobile phone-based marketing across the continent

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MTN Nigeria launches cloud-based banking software

laptopblck sxcMTN has launched a cloud-based banking software in Nigeria, called MTN XaaS, in an attempt to improve micro-finance banking operations in the country

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Fountain introduces cloud-based banking in Kenya

ID-10053745Fountain Credit Services has introduced cloud operations to the Kenyan banking system, according to a statement from the company

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Tech Mahindra buys 51 per cent stake in Comviva Technologies

telecommunications imageIndia's Tech Mahindra Ltd has announced it has gained a 51 per cent stake of telecoms software company, Comviva Technologies Limited, as part of an attempt to strengthen its mobile software business  

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