Wiocc lands R1.1-billion in debt funding for data centre, fibre expansion

Wiocc lands R1.1-billion in debt funding for data centre, fibre expansion

Wiocc Group CEO Chris Wood Pan-African digital infrastructure provider Wiocc Group has secured an additional US$65-million (R1.1-billion) in debt financing to support the continued expansion of its connectivity and data centre footprint across Africa. The new funding was arranged through a sustainability-linked debt facility involving the International Finance Corporation (IFC), Proparco and the Emerging Africa…

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South Korea stocks lead losses in Asia-Pacific as investors parse key data from China

South Korea stocks lead losses in Asia-Pacific as investors parse key data from China

Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets fell Monday, after Wall Street declined Friday stateside as investors took a breather from the AI trade. “[Friday] is a value-outperforms-growth day,” said Jed Ellerbroek, portfolio manager at…

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Africa: CIVICUS Monitor Data Reveals ‘Alarming’ State of Civic Freedoms in Africa as Governments Detain Journalists Across the Continent

Africa: CIVICUS Monitor Data Reveals ‘Alarming’ State of Civic Freedoms in Africa as Governments Detain Journalists Across the Continent

Over 80% of people in Africa South of the Sahara live in countries with “Repressed” or “Closed” civic space. Detention of journalists is the top tactic used by African governments to silence dissent. Burundi, Sudan, Madagascar, and Liberia downgraded; Senegal, Gabon, Mauritania upgraded. Follow us on WhatsApp | LinkedIn for the latest headlines The CIVICUS…

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Telcos are sitting on a data gold mine

Telcos are sitting on a data gold mine

Adapt IT Telecom’s Phillip du Plessis Imagine sitting on a gold mine and not even knowing it. That’s what many telecommunications companies are doing today. Across the industry, providers collect vast amounts of data – from location pings and app usage to payment histories and device types. Yet, despite this flood of information, most only…

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Turning data insight into risk resilience

Turning data insight into risk resilience

Erik Du Toit, sales specialist and consultant, OpenText. Sensitive data used to be easy to define. It was the information you knew you had – customer records, identity numbers, bank details, contracts, board material and so on. You protected it by protecting the systems it lived in. And while that mental model still shapes many…

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China PMI RatingDog data, Fed rate cut

China PMI RatingDog data, Fed rate cut

Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets opened December mixed Monday as traders parsed fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve rate cut this…

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