Namibia's Nimbus acquires stake in Paratus Africa for $8 million

Paratus Africa, one of the largest privately owned telecommunications operator, has announced that Nimbus Infrastructure Limited has acquired a 26,5 percent stake in its Namibian operation for an amount of N$95-million (approximately $8 million). The transaction is structured such that Nimbus purchases 8% of the issued share capital…

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Malawi to enjoy faster Internet speeds as the Malawi National Optic Fibre Backbone Project nears completion

Malawi's government has indicated that citizens can expect faster Internet speeds in the Southern Afrikan country in February 2018. This will come courtesy of the Malawi National Optic Fibre Backbone Project whose implementation kicked off in April 2017. Nicholas Dausi, Malawi's Minister of Information and Communications Technology (ICT), said that…

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6 companies could possibly lose their operating licenses in Nigeria

The Nigerian Communications Commission (NCC) could possibly suspend the operating licenses of 6 telecommunications companies. The companies are allegedly guilty of allowing call masking on their networks. This comes after the NCC issued the 6 telecommunications companies with notices on 12 January 2018 after apparently continuing to allow call masking…

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