Russian strikes kill at least 15 in Ukraine after Trump gets diesel deal with Moscow

Russian strikes kill at least 15 in Ukraine after Trump gets diesel deal with Moscow

Russian strikes killed at least 15 people, including three children, in Ukraine’s Zaporizhzhia region, officials said on Saturday. The strikes came a day after President Trump announced a deal to buy Russian diesel that Kyiv warned would help bankroll Moscow’s war in Ukraine. Russian aerial bombs hit residential buildings in Zaporizhzhia, Mykhailo Semikin, the head…

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MTN’s IHS takeover deal gets CompCom approval

MTN’s IHS takeover deal gets CompCom approval

MTN is on course to have 100% shareholding in IHS Towers. The Competition Commission (CompCom) has recommended the Competition Tribunal approve MTN’s proposed acquisition of tower operator IHS, with conditions. The acquisition, facilitated through wholly-owned MTN firm Sub-Merger Co, will see the mobile telephony group increase its shareholding in IHS to 100%. MTN holds approximately…

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Kenya to appeal Safaricom ruling against Vodacom deal

Kenya to appeal Safaricom ruling against Vodacom deal

Delegates attend a recent financial presentation at Safaricom’s headquarters in Nairobi, Kenya. Monicah Mwangi/Reuters Kenya’s government will appeal the court ruling that ordered the cancellation of the deal in which it sold an extra 15% stake in Safaricom to Vodacom, finance minister John Mbadi said on Wednesday. Mbadi said he was confident the transaction followed…

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DFC bets big on African fibre with 5-million Wiocc deal

DFC bets big on African fibre with $155-million Wiocc deal

The US International Development Finance Corporation said on Wednesday it would invest up to US$155-million in African digital infrastructure provider Wiocc Group, underscoring Washington’s support for projects seen as critical to the expansion of US technology companies. Washington has increasingly backed telecommunications and digital infrastructure projects in Africa as it seeks to provide alternatives to…

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