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Cash-strapped, Twiga raised $35 million in convertible bonds from Creadev and Juven, two private equity investors who had previously invested in Twiga.
CA asks Supreme Court to strike out LSK case on 'call snooping' standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.
China has connected a high-speed, multimillion-dollar, 15,000-kilometer undersea cable to Kenya, as Beijing advances what's been dubbed its "digital silk road," and Africa seeks the infrastructure it badly needs for better internet connectivity. Chinese giant Huawei is a shareholder in the $425-million PEACE cable, which stands for "Pakistan and East Africa Connecting Europe." It stretches…
Johannesburg, South Africa - China has connected a high-speed, multimillion-dollar, 15,000-kilometer undersea cable to Kenya, as Beijing advances what
Some are calling arrival of underwater cable the new digital Cold War, as China and US battle for internet dominance through growing undersea cable network
After nine years as the high-flyer of the Google X lab, Alphabet has brought the Loon project down to earth. Loon's journey "is coming to an end," its chief executive Alastair Westgarthwrote this morning. "We haven't found a way to get the costs low enough to build a long-term, sustainable business," he said. The "road to commercial viability has proven much longer and riskier than hoped," explained X's head Astro Teller. Loon aimed at providing Internet access to rural and remote areas, creating wireless networks with up to 1 Mbit/second speeds using high-altitude balloons at altitudes between 18 and 25 km (11 and 16 miles).