The 2Africa cable will connect over three billion people across Africa, Europe and Asia. (Image supplied by Meta) Meta has announced the completion of the core 2Africa subsea cable infrastructure, which it bills as the world’s longest open access subsea cable system. In a blog post published this week, the technology giant says the completion…
Netflix is actively exploring a bid for Warner Bros Discovery’s studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the matter. The video streaming service has hired Moelis & Co, the investment bank that advised Skydance Media on its successful bid for Paramount Global,…
Government is considering a “mega bid window” that accelerates energy deployment and fast-tracks industrialisation, localisation and job creation across the energy infrastructure value chain. This comes after the announcement of its R2.2-trillion energy plan, which aims to boost renewable generation, with the private sector expected to fund about two-thirds of the investment. Energy minister Kgosientsho…
The Milky Way above the SKA-Mid telescope. (Photograph by SKAO) The first five Square Kilometre Array (SKA)-Mid telescope dishes have been assembled and brought into operation on site in South Africa. This emerged at last week’s G20 research and innovation ministerial meeting in Pretoria, where the SKA Observatory (SKAO) briefed representatives on the construction progress…
Addis Ababa — The new Ethiopia’s mega international airport project in Bishoftu town is not just an Ethiopian project but also an African milestone that reflects confidence in Africa’s future, Finance Minister Ahmed Shide pointed out. In a panel discussion held today on Ethiopian Airlines’ new mega international airport project, Finance Minister Ahmed Shide stated…
A Just Eat delivery rider cycles through Manchester, UK. Phil Noble/Reuters Technology investor Prosus gained EU antitrust approval on Monday for its €4.1-billion (R84-billion) bid for Just Eat Takeaway, after agreeing to sell down its stake in Delivery Hero. Amsterdam-headquartered Prosus, which is majority owned by Naspers, announced the deal in February, banking on its…
