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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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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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