The DFC’s largest-ever equity investment will fund Wiocc’s undersea cables, fibre and African data centres.
Browsing: Africell
The Donald Trump administration is said to be seeking to counter the expansion of China’s Huawei Technologies in Africa.
The dispute over taxes might seem niche, but in the case of Congo the stakes are enormous.
The country has banned some telecoms executives from leaving the country after they resisted paying a new tax on the industry, sources said.
The Democratic Republic of Congo has ordered mobile phone companies to pay a levy estimated at about $180-million/year, sources said.
Uganda may be poised to lose some of its mobile phone companies due to a “highly saturated” voice market that’s causing some operators to halt investment, according to the country’s industry leader