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American Tower to acquire Africa's Eaton Towers for USD 1.85 billion

2019-05-30 15:47:00| Telecompaper Headlines

(Telecompaper) American Tower said it has entered into a definitive agreement to acquire Eaton Towers, which owns and operates about 5,500 communications sites across five African markets. The company also expects to accelerate new build activity across the region due to expanded relationships with multiple key tenants. The total consideration for the transaction, including the company's assumption of existing Eaton Towers debt, is about USD 1.85 billion.

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Senegal Imports Turbines For West Africas First Big Wind Farm Project

2019-05-23 21:40:15| OGI

Senegal started importing turbines for its first large-scale wind farm on May 23, the biggest such project in West Africa that will supply nearly a sixth of the country's power.

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South Africas State-Owned Oil Company To Explore Highly-Prospective Oil Block B2 In South Sudan

2019-05-06 16:24:54| OGI

South Africa signed an exploration and production sharing agreement with South Sudan for Block B2.

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Jumia: 'Africa's Amazon' in landmark stock market listing

2019-04-12 13:00:46| BBC News | Business | UK Edition

Jumia is worth $1bn-plus and will be the first African tech start-up listed on the New York stock market.

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Africa's 4G lottery just how fast should 4G be?

2019-01-21 01:00:00| Total Telecom industry news

While 4G network penetration is growing across the continent of Africa, consumers are finding that download speeds are leaving some subscribers decidedly underwhelmed, according to a new industry report…read more on TotalTele.com »

Tags: be should fast lottery

 

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