Standard Bank has pledged R750-million in a strategic equity partnership with New GX Capital’s clean-tech fund.
Browsing: New GX Capital
New GX Capital’s clean-tech investment fund has secured $28-million in capital from Nedbank CIB.
CIVH investor New GX Capital has announced it’s launching a R2.4-billion clean-tech investment fund with RMB Ventures. CEO Khudu Pitje is our guest on the TechCentral Show.
Khudusela Pitje, a big investor in Vumatel and DFA, says regulators have hurt investor confidence in the telecoms sector.
Maziv is the new name of the parent company of Vumatel and Dark Fibre Africa that will soon, pending regulatory approvals, be 30% owned by Vodacom.
The thousands of camera poles deployed by Vumacam provide an ideal opportunity to deploy next-generation 5G broadband into neighbourhoods, Remgro said.
Two of South Africa’s biggest fibre providers, Vumatel and Dark Fibre Africa, are being folded into a new infrastructure holding company to be led by Vuma CEO Dietlof Mare.
The industry body has lodged an objection with the Competition Commission over Vodacom’s plan to buy a significant minority stake in CIVH.
Dark Fibre Africa has informed staff that it will embark on a significant restructuring and cost-cutting process that will include retrenchments.
Vodacom Group will acquire a co-controlling interest, along with Remgro and New GX Capital, in a new entity made up of assets including Vumatel and Dark Fibre Africa.