Browsing: CDC Group

British International Investment, the UK government’s development finance arm, plans to invest $6-billion over the next five years.

Digital bank TymeBank is expanding into the medical insurance space, with a plan to offer South Africans access to private healthcare starting at R139/month.

TradeDepot, a Nigeria-based e-commerce start-up, quadrupled its valuation and is looking at South Africa and Ghana for expansion.

Vodacom Group on Monday fleshed out some of the details of the consortium that recently secured an operating licence in Ethiopia.

Ethiopia received bids for telecommunications licences from MTN Group and a consortium led by Vodafone Group, according to Brook Taye, an adviser in the finance ministry.

Liquid Telecom has raised $307-million through a rights issue to fund a rapid expansion of its data centre business across Africa.

Liquid Telecom has concluded a transaction with CDC Group, which will see CDC become an 8% shareholder in for an investment of $180-million.

Liquid Telecom received a $180-million cash injection from UK development finance institution CDC Group as Africa’s largest fibre network operator expands broadband infrastructure across the continent.