Commerce

US$500 million investment for IT sector in South Africa

internet__Sebastian_AnthonySouth Africa's information technology sector will see a major investment in form of a US$500 million funding launched by Johannesburg-based Convergence Partners

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Fund for Econet to finance operations in Zimbabwe and Burundi

Peter_Gray-Partner_2Telecoms 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

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Comztek steps into Mauritius market

vivek-rajiahAfrican communications and technology distributor Comztek has opened a new office in Mauritius

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Rwanda to receive US$100 million investment from telecoms firm

Airtel_deal

Telecommunications company Airtel Africa has said it will invest US$100 million into its Rwandan operations over the next three years

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Orange launches second ICT innovation competition

Laptop_keyboard_-_Jakub_KrechowiczTelecommunications 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

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