- Leadership at the Centre of Africa’s Investment Story
- Delisting and take-private trend is a sign of progress rather than crisis for South Africa
- Energy: The Cornerstone of Africa's Infrastructure Development
- Powering Africa's Industrialisation Through Energy and Infrastructure Development
- Will AI disrupt the payments industry in 2026? Izak van Heerden, Senior Manager: Development at Altron FinTech
Econet Agrees to Pay $428 Million for Neotel With Investors
HARARE, Zimbabwe, Capital Markets in Africa: Econet Wireless Global affiliate Liquid Telecom agreed to pay 6.55 billion rand ($428 million) for South African Internet-service provider Neotel Pty Ltd., creating the continent’s largest broadband network and business-to-business phone carrier. Shares of Tata Communications Ltd., which is selling the stake, surged. The buyer is partnering with Royal Bafokeng Holdings, a South African empowerment investment group, which has committed to taking a 30 percent stake in Neotel, according to…
Read More