Best practices for digital infrastructure businesses impacted by SVB's collapse
The sudden and unexpected closure of Silicon Valley Bank (SVB), which managed US$212 billion in assets, has sent shockwaves through the financial community hav...
The European Investment Bank (EIB) has announced a financing package which will be utilised in the deployment of fibre networks in the Democratic Republic of the Congo (DRC) as the bank expands its bid in digital infrastructure. The EIB-backed investment by Bandwidth and Cloud Services Group (BC...
March 08
Paratus Group has expanded into the Democratic Republic of Congo (DRC). The move coincides with the news that Paratus has won, together with DRC-based Global Broadband Solution (GBS), the government tender to activate a 620-kilometer fibre optic network link between Muanda, on the West Coast, to DRC capital city, Kinshasa. Paratus and GBS have established FAST Cong...
March 24
The French Development Agency (Agence Française de Développement; AFD) has allocated €600,000 for the development of a national plan for the deployment of digital infrastructures in the Democratic Republic of Congo (DR Congo). A draft agreement was signed on the sidelines of the European Union-African Union Summit held in Brussels, Belgium, by DR Congo’s Minister of F...
February 23
The European Union’s (EU) chief Ursula von der Leyen has announced a flagship investment package of €150 billion (~US$170 billion) which will be directed towards helping Africa build its infrastructure and services, from digital assets to hospitals, schools, transportation, energy generation and more. The scheme is the first regional plan of the EU's Global Gateway, an ...
February 21
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