Google plans to expand connectivity, as well as increase product access and skills across Africa. US-based internet search giant Google today announced a new subsea cable connectivity hub in SA, as part of a new set of investments in Africa. This, says Google, builds on its long-term $1 billion investment commitment for the African continent….
Nissan Africa president Jordi Vila. Image: Nqobile Dludla/Reuters Nissan is still committed to growing in Africa, with plans to introduce new SUVs and new variants of existing models, its Africa president said on Thursday, even as speculation swirls around the future of its South African plant. New CEO Ivan Espinosa unveiled sweeping cost cuts in…
Hiruy Amanuel, co-founder, Gullit VC Partner Content After years of rapid expansion, the continent’s startup ecosystem is now adapting to a more measured pace, with investors emphasising sustainable business models and long-term value creation. According to the African Private Equity and Venture Capital Association (AVCA), total funding for African startups declined by 46% in 2023…
Double-digit growth in mobile and fixed data traffic underscored Telkom’s core offerings. JSE-listed telecommunications firm Telkom has posted strong full-year results, bolstered by significant growth in its mobile business, as well as gains from the Swiftnet disposal. The company today published its annual financial results and ordinary and special dividend declaration for the year ended…
