Africa50 tops $6.6bn in critical infrastructure investments
African investment platform Africa50 has reached the milestone of US$6.6 billion in investments over the course of six years. Founded in 2017, the group was established by African governments and the African Development Bank to mobilise financing for mega infrastructure projects with significant...
July 26
Laser Light, WIOCC strike $129 million master services agreement for Africa
Laser Light Companies and WIOCC have signed a five-year US$129 million master services agreement to bulk up Africa’s digital infrastructure backbones. As part of the terms, Laser Light will contract with WIOCC for capacity on terrestrial and subsea cables in and around Africa and support services. In turn, WIOCC will use Laser Light for its global connectivity needs be...
July 17
World leaders commit initial $295m towards equitable digital infrastructure rollouts
At the 77th session of the United Nations General Assembly, high-level representatives from governments, civil society, the private sector, philanthropy, and international organisations agreed to scale up efforts to build safe, trusted, and inclusive digital public infrastructure (DPI) for a more sustainable, equitable world. To this end, they committed to sharing digital p...
September 27
Google’s Equiano subsea cable lands at first Africa port
Google’s (NASDAQ: GOOGL) flagship subsea cable Equiano has arrived in Lomé, Togo, marking the system's first stop along Africa's Atlantic coast. Announced in 2019, Equiano is planned to run from Portugal along the West Coast of Africa — connecting Europe to Togo, Nigeria, Namibia, South Africa, and St. Helena. Nitin Gajria, Managing Director, Google Africa, said: â€...
March 21
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