Naspers first invested in Tencet in 2001. (Image source: FEI KUANG/Flickr)
South Africas Naspers said it would sell 190mn shares or 2 per cent of its stake in social media giant Tencent Holdings Limited for about US$10.64bn to "reinforce" its balance sheet and boost growth
Angola Cables aims to improve internet connectivity to and from the continent. (Image source: Angola Cables)
Angola Cables has announced to establish a point of presence (PoP) in Cape Town before the end 2017, aiming to expand its network reach and peering capabilities in South Africa
The roll out of 5G technology across South Africa is expected to benefit around 70mn customers. (Photo: Tsiumpa/adobestock)
Nokia and Vodacom have partnered to deploy 5G technology across South Africa to enable Vodacom to enhance digitalisation for the benefit of companies and individuals
(Image source: Photo-Mix/pixabay)
Barry Mansfield looks at the factors driving the growth of next-generation data storage in Africa
Mobile penetration in Africa was 79 per cent at the end of June 2016. (Photo: Simon Berry/Flickr CC BY SA 2.0)
Africa is expected to reach 1bn mobile subscriptions in the fourth quarter of 2016 and 1.02bn by year-end, according to research from Ovum
The advisory firm predicts that the total number of mobile subscriptions on the continent total 1.33bn at the end of 2021.
According to the firm, the average rate of mobile penetration in Africa was 79 per cent at the end of June 2016.
Ovum notes that data capabilities, as well as data and digital service revenue, is set to drive growth in Africa’s telecoms market.
Mobile broadband will rise dramatically, as operators continue to launch 3G and 4G LTE networks.
“As Africa nears the landmark of one billion mobile subscriptions, it is clear that the next phase of growth will be in broadband connections and in revenue from data access as well as from new ‘digital services’ such as digital media and mobile financial services,” said Matthew Reed, practice leader, Middle East and Africa, at Ovum.
“However, Africa remains less advanced than most other world regions in its broadband development, and there is both an opportunity and a need to further improve connectivity on the continent, and to take advantage of the benefits that connectivity can bring."
The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development, says IRENA. (Image source: IRENA)
World Bank & African Development Bank partner to provide electricity access to 300 million Africans by 2030, leveraging public-private investments. (Image source: Adobe Stock)
(L-R): Dr Diane Karusisi, CEO, Bank of Kigali and Dr Reda Helal, group managing director – processing, Africa and co-head group processing, Network International. (Image source: Network International)
At WFES, Gotion High-tech will showcase its latest products and leading green energy solutions at its booth. (Image source: Gotion High-tech)
The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)
SSAB will begin deliveries of the new products in 2026.
The key issues restricting sub-Saharan Africa’s manufacturing sector will be unpacked at Manufacturing Indaba later this year. (Image source: Adobe Stock)
Through the innovative solution, each vessel can fill two tank containers on average between two ports. (Image source: Maersk)
Hyphen is developing sub-Saharan Africa’s largest, most advanced and only fully-vertical integrated green hydrogen project. (Image source: Hyphen)
According to Liebherr, the Used Equipment Marketplace is extremely user-friendly. (Image source: Liebherr)
Electricity storage will be pivotal in unlocking renewable projects and meeting energy demand. (Image source: Adobe Stock)
With RFID, assets can be given unique digital identities that enable users to identify and locate them all at once, from a distance, in real time. (Image source: Brady)
Africa Data Centres and DPA SA have broken ground on their solar farm in the Free State. (Image source: Africa Data Centres)
A Cat PM310 Cold Planer in action. (Image source: Caterpillar)
A larger stockholding of WEG products facilitates ready access for customers. (Image source: WEG Africa)
