A major telecommunications provider in Egypt, recently completed landings of a significant subsea cable to enhance connectivity.
Helios to acquire 75% stake in Telecom Egypt’s data centre assets
Helios Investment Partners secures approval to acquire 75% of Telecom Egypt's regional data hub. The deal values the RDH business at $230 million, with potential growth to $260 million.
Crypto exchange Luno adds tokenised stock trading in Nigeria
Luno launches tokenised stock trading in Nigeria, enabling investment in over 60 companies and ETFs directly in naira. The financial inclusion rate in Nigeria is 74%, but less than 5% of adults invest in the capital market.
H1 African startup funding hits $1.35 billion, up 78% YoY
African startup funding reached $365 million in June 2025, the highest in nearly a year. Ghana's Communication Minister announced a revamp of SIM registration to combat fraud and improve security.
