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Telecompaper General US DFC lends USD 500 mln to Vodafone consortium for Ethiopian bid, USD 300 mln to Liquid Telecom Tuesday 15 December 2020 | 09:36 CET | News The US government's international Development Finance Corporation (DFC) has released USD 500 million to back a consortium of regional and international telecommunication firms bidding for a mobile licence in Ethiopia, and has advanced USD 300 million to support Liquid Telecom's data centre expansion in Africa, ITWeb reported. The loan to the Vodafone-led Global Partnership for Ethiopia will be used to "finance the design...

Iliad (Free) stirs the 5G pot in France Oi mobile gets snapped up by rival trio Ericsson offers some pre-Xmas jobs joy in the UK A crackdown on the Big tech firms by the European Commission, 5G competition in France and M&A in Brazil are at the front of today’s lengthy news queue. The European Commission is set to crack down hard on the Big Tech companies starting in 2021 with the threat of major fines – up to 10% of global turnover – if they break rules outlined in the  Digital Services Act and the Digital Markets Act.  “Many online platforms have come to play a central role in t...

Punch Newspapers Sections Ife Ogunfuwa The Founder, Econet Global and owner of Liquid Telecom, Strive Masiyiwa, says work has commenced on a new data centre facility in Lagos valued at $100m. Masiyiwa said the data centre, which would be the largest facility outside South Africa, had been named Africa Data Centre, Atlantic and would be built on five acres of land. While displaying the architectural design of the data centre made by Trevor Juul in a Facebook post, he said the facility would be powered by solar energy and natural gas. As part of the investment in Nigeria, he said Liquid’s Un...

Data Centre facility in Lagos, Nigeria. Named the ADC Atlantic, this is a US$100m investment in the Nigerian economy. In the Data Centre world, this is the largest facility outside South Africa. Pan African businessman and Econet Group Chairman Strive Masiyiwa says his Africa Data Centres has started construction of Nigeria’s biggest Data Centre. We recently acquired a 5 Acre piece of land in Lagos, where we are starting construction of one of the largest buildings in the city. In Data Centre terms it will be the single largest Data Centre in Africa outside South Africa. Architects and engi...

Pan-African telecoms group Liquid Telecom is activating 82 km of fibre in a cross-border network into Botswana. This implementation gives more people in Botswana access to Liquid Telecom’s footprint of over 73,000km of Pan African fibre, and increased access to the global digital economy. This expansion connects the Lobatse Border to Gaborone with intent to create efficient mobility and connectivity in Botswana, providing millions of citizens and thousands of businesses access to Liquid Telecom’s world-class One Africa broadband network. “At Liquid Telecom, we have a proven track record...