Browsing: Dark Fibre Africa
Shareholders in telecommunications company Vox, including Rand Merchant Bank, have agreed to buy out fellow investor Investec as part of a R2-billion recapitalisation of the company.
The Competition Tribunal has approved the acquisition by Remgro’s Community Investment Ventures Holdings of Vumatel, but has attached long-term conditions to the sale.
South African-based private equity firm Harith General Partners is buying into a fibre-optic cable network in Malawi as it invests more than $1-billion (R15.3-billion) in infrastructure on the continent.
Dark Fibre Africa sees fifth-generation wireless broadband networks as a big growth opportunity as the infrastructure needed to power these networks will require extensive backhaul to a much denser network of base