Facebook has announced the launch of Marketplace to 37 countries and territories in sub-Saharan Africa, enabling people to discover, buy and sell items from others in their local communities
Internet
Teraco completes expansion to South Africa’s digital infrastructure campus
Teraco Data Environments Proprietary Limited, Africa’s one of the leading vendor-neutral data centre and interconnection services provider, has completed the JB3 data centre facility, located within the Isando Campus in Ekurhuleni, east of Johannesburg, South Africa
IFC grants US$20mn to Intelvision Limited to strengthen broadband services
IFC has granted a loan of upto U$10mn to Intelvision, provider of data, internet, VoIP and pay-TV services, and another loan of US$10mn, mobilised from its partners, under the Joint Loan Portfolio Programme (MCPP), for a new cable system that will strengthen the broadband internet network and digital service offering in the Seychelles
Preventing escalating business fraud in South Africa starts with robust KYC
While legislation and the introduction of new regulations aim to combat fraud and corruption, South African businesses have the power to fight financial crimes by ensuring consistent Know Your Customer (KYC) procedures are in place, according to Sameer Kumandan, managing director of SearchWorks, South Africa’s one of the leading innovative data aggregation platform
Finnfund and BCS increase internet access in East, Central and South Africa
Finnfund has provided a US$12mn senior loan to Bandwidth and Cloud Services Group (BCS), a telecom infrastructure provider operating in several African countries