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Asian Group May be the New Co-Owner of Zain – Report

According to a report on Al-Arabiya television today, an Asian group of investors are in the final stages of closing the deal on a 46% purchase of Kuwaiti owned firm – Zain(Formerly Celtel)(ZAIN.KW). When asked for comment by Reuters, Zain spokesperson Ibrahim Adel declined. Zain’s shareholders voted to remove individual ownership limits on Aug 31, […]

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Privatization of Nigeria’s State Telecoms Company NITEL Underway

According to Reuters, there are now 13 investors interested in the purchase of at least 75% of Nitel, the state telecoms company which has been undergoing this privatization process for several years. The Bureau for Public Enterprises (BPE) is evaluating both local and international bids from as far away as Spain and India. Nigeria is […]

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Kenya Building Africa’s Largest Wind Farm

Kenya recently announced plans to build the largest wind farm in Africa. As energy demands increase and blackouts continue to be commonplace accross the continent, African Governments and private companies alike are constantly looking for new energy technology solutions. Kenya through its main power company KenGen is positioning itself as a leader in the use […]

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Africa’s Mobile Broadband Market to Grow Exponentially by 2011

The Africa region has the fastest growing mobile phone penetration rates in the world.  A recent report by Delta Partners, a leading management advisory and investment firm, says that mobile broadband is an industry about to explode and will grow exponentially over the next 2 years. The lack of fixed infrastructure coupled with high costs of […]

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Obama’s Seeds for African Agriculture

The United States, several West African nations and other developing countries are locked in a stalemate over US cotton subsidies preventing the completion of the Doha Round of global trade negotiations. 6.8 billion people await the passage of this accord and the confidence it will provide to jittery markets and economies in crisis. Collectively, American […]

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Durban 2010 goes Online

The official Durban 2010 website was launched recently in both English and Zulu.  The site was launched by Julie-May Ellingson, head of Durban’s Strategic Projects Unit. Commenting on this user-friendly, interactive website, Ellingson said: “Durban’s cultural diversity has created a rich cosmopolitan society of world-class African uniqueness, which is echoed in its personality. The new […]

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Kenya’s Parliament goes Digital on the Orange Network

Telkom Kenya has announced an agreement to provide a digitization solution to all Kenyan Members of Parliament. The deal, sealed today by Telkom Kenya Chief Executive Officer Dominique Saint-Jean and the Speaker of the National Assembly Hon. Kenneth Marende, will see the 222 elected MPs get connected electronically. The agreement covers provision of laptops and […]

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New Alpha Refinery (Ghana) Ltd to Build Largest Oil Refinery in West Africa

New Alpha Refinery (Ghana) Ltd., A South African Company has been awarded a $6 billion contract to build the largest Oil Refinery in West Africa.  The Refinery will be located in Accra Ghana. Executive Chairman Merlyn Julie told Reuters the refinery would initially produce 200,000 barrels per day (bpd), with first production seen by 2015. […]

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Foreign Navies Keep Kenya’s Broadband plans on Track

While the showdown between the United States Navy and Somali pirates  brought the reality of the existing threat posed to ships passing through the Gulf of Aden to life for all of us, Kenya was taking steps to secure a vessel laying an undersea high-speed internet cable from pirates. According to the Kenyan Minister for […]

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The African ICT Era

Africa’s Information, Communication and Technologies Sector is giving every other region a run for its money, literally.

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