CDC Group
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New Zealand headquartered infrastructure investor Infratil has raised NZ$1150 million (US$704.07 million) to fund further investment into data centre operator CDC Group.
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CDC is planning to expand its data centre services into Melbourne, the capital of the Australian state of Victoria.
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The Ethiopian Communications Authority (ECA) has announced that Safaricom Telecommunications Ethiopia PLC has been issued with a final licence. However, over half of the winning consortium's financing could be in doubt due to US sanctions.
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Ethiopia received just two bids, from MTN working China’s Silk Road Fund and a US-backed and Vodafone-led consortium, for its two telecoms licences this morning.
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Liquid Telecom began as a carrier providing services across Africa. Now, CEO Nic Rudnick tells Alan Burkitt-Gray why they’ve changed the name to reflect the group’s new business.
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UK development finance and impact investor, the CDC Group has announced an additional $40 million equity investment into Liquid Telecom.
Forthcoming events
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South Africa’s pension fund for government employees is likely to take a stake in a Liquid Telecom share offer, according to reports.
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New fibre capabilities being unlocked by Liquid Telecom are providing Africa with access to powerful systems. CEO Nic Rudnick talks about the benefits this will bring and how Liquid Telecom plans to address the challenges that come with more connectivity.