Market News | EAITE 2024

Market News

  • Tigo enter deal to expand 4G mobile network rollout

    Posted on :Friday , 9th October 2015

    The uniqueness of this partnership is that it creates one of Africa’s first ever Data Virtual Network Operators (DVNO), allowing UhuruOne to expand its wireless broadband data service nationwide.

     
    DVNO means that UhuruOne will share both capacity and network resources with Tigo’s 4G LTE data network enabling its customers to use their data enabled devices. . .

  • KKR to invest $100 million in Africa within a year, make Nigeria regional base

    Posted on :Thursday , 8th October 2015

     U.S. private equity firm KKR & Co LP is considering investing around $100 million in Africa within a year, a senior executive said on Tuesday.

    KKR is looking at the agriculture and food business, the energy industry and infrastructure projects, Dominique Lafont, a senior advisor at KKR, told Reuters during a visit with a French business delegation to Nigeria.

  • Telecom firm supports Mbeya bee-keepers

    Posted on :Thursday , 24th September 2015

    The telecom firm through its Airtel Fursa programme, gave the group 20 bee-hives, one honey extractor, two bee protection suits and 600 bottles.

     
    Airtel Corporate Social Responsibility Manager, Ms Hawa Bayumi, said at a handing over ceremony in Mbeya over the weekend that , “modern equipment being given will assist them to improve the quality of their operation. . .

  • Ugandan millionaire Ashish Thakkar\'s Mara Group raising $100M to launch pan-African e-commerce platform

    Posted on :Wednesday , 23rd September 2015

    Dubai-based Mara Group is launching an Africa-wide online marketplace that it hopes will become the leading e-commerce business in Africa within less than four years.

    Ashish Thakkar, Founder of Mara Group and the executive chairman of the new venture, describes it as “a marketplace for global brands to plug into to sell locally in Africa, and for local brands to sell nation. . .

  • Rwanda positioning tourism sector to fetch home more revenues

    Posted on :Wednesday , 23rd September 2015

    The government is pushing forth a vision to finance own budget by gradually reducing donor dependence. To do this, government has to up its game plan in harnessing local sources of revenue.
    You only get quantity and quality milk from a cow that you nourish well. This means to make the most of the lucrative tourism industry, the government has to continue devising measures to improve the . . .

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