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Old Mutual bets on Africa data centre growth with Ghana deal - Vimarsana News

Old Mutual bets on Africa data centre growth with Ghana deal

Old Mutual bets on Africa data centre growth with Ghana deal Old Mutual’s private equity unit has acquired a stake in a second data centre in sub-Saharan Africa as it expands to take advantage of a shortfall in cloud storage capacity on the continent. The investment, through its African Infrastructure Investment Managers fund, in conjunction with Onix Data Centres’ management team, will ramp up the size of the Ghanaian facility into the largest in the West African country. It will be renamed Onix Accra 1, with connectivity provided by Vodafone Group, Comsys Holdings and CSquared Inn...

Liquid Telecoms bond sale aims to boost African internet access — Quartz Africa - Vimarsana News

Liquid Telecoms bond sale aims to boost African internet access — Quartz Africa

March 4, 2021 Liquid Telecom’s recent $620 million bond sale—one of the largest by an African telecoms company—should provide a big boost to the continent’s digital infrastructure, and chip away at a major barrier to more widespread internet access. One of Africa’s biggest internet and cloud computing companies, Liquid Telecom hopes to use the fresh financing to roll out connectivity infrastructure in existing areas, and grow its presence. The financing included $220 million in loans, bringing the total amount of capital raised to $840 million. “In the countries in which we operat...

Source: qz.com
Liquid Telecom says subsea network unaffected by cable outages - Vimarsana News

Liquid Telecom says subsea network unaffected by cable outages

Mar 3, 2021 Liquid Telecom has issued a statement saying it ensured continuity of service to its customers during the recent outages of the SEA-ME-WE 5 and EIG submarine cables. The group operates an intelligent subsea cable system that automatically reroutes network traffic during such outages, which helps to ensure service reliability on resilient architecture. “With over 57 700 km of submarine cable fibre linking Africa to Europe, the Middle East and Asia, Liquid Telecom’s subsea network is extensive and offers low latency to global destinations,” says David Eurin, Liquid Sea CEO. â€...

WIOCC names Mwesu Vunda country sales manager for Zambia - Vimarsana News

WIOCC names Mwesu Vunda country sales manager for Zambia

WIOCC names Mwesu Vunda country sales manager for Zambia Sign in with LinkedIn 03 March 2021 | Natalie Bannerman WIOCC has appointed Mwesu Vunda has as its country sales manager for Zambia and the Democratic Republic of the Congo (DRC). Prior to joining WIOCC, Vunda served as sales director at GlobalTel Zambia. He has also held enterprise roles with Liquid Telecom and Vodafone Zambia. In this newly-created role, Vunda will support service providers in their use of the improvements made to the WIOCC’s international connectivity services, delivered through the company’s hyperscale ...

The low-hanging fruit South Africa is leaving to rot - Vimarsana News

The low-hanging fruit South Africa is leaving to rot

The last week has been heavy with economic data  – including the national budget, poor job numbers, and the news that South Africa will move to a level 1…