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Perspectives on building technology businesses and AcceleratorIndia from Cartezia

Africa and Middle East

The market for digital services in Africa is still in its early days. Out of a total population of around 925 million people, in 2007, there were about 30 million fixed lines, over 200 million mobile phone users and over 40 million internet users. South Africa is the most advanced market in terms of digital content and e-commerce, followed by Nigeria and Morocco.

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Outward bound M&A deal activity from India picks up in 2010

Indian companies are becoming more active in international Mergers & Acquisitions (M&A). The out-bound M&A activity has ranged from the occasional multi-billion dollar deal to a number of smaller deals. The activity has been across a number of sectors such as telecommunications, IT services, Oil... More »

Tuesday, March 23, 2010

Google invests in Satellite-based Broadband service for Africa

Google is investing in a service to bring internet access to 3bn people in Africa and other emerging markets by launching at least 16 satellites to provide services to the unconnected half of the globe. The company has teamed up with John Malone, the cable television magnate, and HSBC to set... More »

Wednesday, September 10, 2008

Vodafone buys 70% of Ghana Telecom for $900m

Vodafone has acquired a 70 per cent stake in Ghana Telecom for $900m, in the latest sign of the UK mobile operator's appetite for Africa's fast-growing telecoms markets. More »

Friday, July 4, 2008

African Mobile Players IPO

The telecoms scene in Africa is changing rapidly as evidenced by the recent IPOs on African stock exchanges for shares in major cellular operators. Celtel Zambia sold 20% of its equity on the Lusaka Stock Exchange whilst Safaricom, part owned by Vodafone Kenya, released 25% of its shares on the... More »

Monday, June 16, 2008