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👨🏿‍🚀TechCabal Daily - Safaricom Ethiopia gets $257 million

Safaricom Ethiopia has finalised a $257 million deal with the International Finance Corporation (IFC). The IFC will loan the telecom $100 million and invest $157.4 million in exchange for 7.25% equity. More in #TCDaily.

United-kingdom , Kenya , Nigeria , South-africa , Ethiopia , Olowe , Nigeria-general- , Pretoria , Gauteng , Senegal , Soweto , London

👨🏿‍🚀TechCabal Daily - Break in transmission

This week, South Africans will have to deal with slow internet speeds. On Sunday, two undersea cables that connect South Africa to the global network broke due to a rockfall in the Congo Canyon. Repairs are slowly underway. More in #TCDaily.

Ghana , Cape-town , Western-cape , South-africa , Nairobi , Nairobi-area , Kenya , London , City-of , United-kingdom , Cameroon , Congo