Naspers first invested in Tencet in 2001. (Image source: FEI KUANG/Flickr)
South Africas Naspers said it would sell 190mn shares or 2 per cent of its stake in social media giant Tencent Holdings Limited for about US$10.64bn to "reinforce" its balance sheet and boost growth
Angola Cables aims to improve internet connectivity to and from the continent. (Image source: Angola Cables)
Angola Cables has announced to establish a point of presence (PoP) in Cape Town before the end 2017, aiming to expand its network reach and peering capabilities in South Africa
The roll out of 5G technology across South Africa is expected to benefit around 70mn customers. (Photo: Tsiumpa/adobestock)
Nokia and Vodacom have partnered to deploy 5G technology across South Africa to enable Vodacom to enhance digitalisation for the benefit of companies and individuals
(Image source: Photo-Mix/pixabay)
Barry Mansfield looks at the factors driving the growth of next-generation data storage in Africa
Africa is expected to reach 1bn mobile subscriptions in the fourth quarter of 2016 and 1.02bn by year-end, according to research from Ovum
The advisory firm predicts that the total number of mobile subscriptions on the continent total 1.33bn at the end of 2021.
According to the firm, the average rate of mobile penetration in Africa was 79 per cent at the end of June 2016.
Ovum notes that data capabilities, as well as data and digital service revenue, is set to drive growth in Africa’s telecoms market.
Mobile broadband will rise dramatically, as operators continue to launch 3G and 4G LTE networks.
“As Africa nears the landmark of one billion mobile subscriptions, it is clear that the next phase of growth will be in broadband connections and in revenue from data access as well as from new ‘digital services’ such as digital media and mobile financial services,” said Matthew Reed, practice leader, Middle East and Africa, at Ovum.
“However, Africa remains less advanced than most other world regions in its broadband development, and there is both an opportunity and a need to further improve connectivity on the continent, and to take advantage of the benefits that connectivity can bring."
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The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
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The project is expected to expand electricity access to the nearby community. (Image source: Adobe Stock)
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Raxio Mozambique and Raxio Ethiopia join a growing portfolio of Tier III-certified data centres. (Image source: Raxio)
