Global

Jay Caboz Wins GE Energy & Infrastructure Award
Global

Jay Caboz Wins GE Energy & Infrastructure Award

Jay Caboz, from South Africa, has been awarded the GE Energy & Infrastructure Award, presented by Thomas Konditi, President and CEO GE Transportation Africa & GE South Africa, at this year’s CNN MultiChoice African Journalist 2016 Awards ceremony. Caboz, a writer for Forbes Africa, in South Africa, won for his piece ‘40 Years […]

Vodafone And Etisalat Egypt Acquire 4G Licenses
Global

Vodafone And Etisalat Egypt Acquire 4G Licenses

Vodafone Egypt and Etisalat Egypt, have announced that they have both received licenses to use 4G networks across Egypyt. In a statement released on its corporate website, the company said: ”Vodafone Egypt signed an agreement with the NTRA (NTRA stands for National Telecommunication Regulatory Authority of Egypt) to acquire the […]

Patrick Masambu Becomes DG Of The International Telecommunications Satellite Organization
Global

Patrick Masambu Becomes DG Of The International Telecommunications Satellite Organization

Patrick Masambu, a Uganda citizen and former chairman of the Council of the Commonwealth Telecommunications Organisation (CTO) has been elected director-general of the US-based International Telecommunications Satellite Organization (ITSO). Mr Masambu was the only Commonwealth candidate for the position. A former communications regulator for Uganda, he brings to the role […]

Olam Raises USD2 Billion For Debt Refinancing
Global

Olam Raises USD2 Billion For Debt Refinancing

As a debt refinancing move, Olam, the world’s largest trader of agricultural commodities and allied products has announced that it has successfully raised a secured a revolving credit facility aggregating US$2.0 billion. The company said the facility consists of three tranches – a 364-day revolving credit facility of US$400.0 million, […]

Afrimalin Raises EUR400,000 In Development Funding
Global

Afrimalin Raises EUR400,000 In Development Funding

Three months after its creation was announced, Afrimalin, a new site of free classified site focusing on the Francophone West Africa, has raised about EUR400,000 in development funding. Afrimalin was created by three business angels who possessed good grasp of the Internet landscape of Africa. Thibault Launay and Romain Girbal , the founders of […]