Namibia’s telcos hit by electricity shortages

15 July 2024

Namibian telecom companies are experiencing significant interruptions due to a limited electricity supply.

Windhoek, Namibia's capital has been hit the worst by the energy crisis.

"We apologize for any inconvenience this may cause and appreciate your understanding - as we work to restore services," said MTC Namibia in a statement. 

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DR Congo assumes presidency of Board of Directors of ATU

10 July 2024

Augustin Kibassa Maliba, the minister of posts, telecommunications, new information and communication technologies (PT-NTIC) of the DR Congo, will oversee the development of the telecommunications sector in Africa.

Kibassa Maliba assumes this responsibility after his country was appointed to the presidency of the board of directors of the African Telecommunications Union (ATU). During his term, the new chairman of the board of directors wishes to achieve both individual and collective objectives.

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ATC Ghana cuts off Telecel tower sites

08 July 2024

ATC Ghana has cut off power supply to some Telecel tower sites across the country, and stands accused of failing to meet agreed obligations.

“The failure to comply with agreed obligations is such that ATC Ghana no longer has the capacity to purchase electricity and diesel to maintain Telecel’s equipment, especially when its agreements with Telecel have expired,” said ATC Ghana.

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WIOCC Group wins funding for data centre expansion

03 July 2024

Left to right: Dan Croft (Regional Industry Manager, Infrastructure, Central Africa & Anglophone West Africa - IFC), Jean GuyonnetDuperat (Country Director Nigeria - Proparco),Chris Wood (CEO - WIOCC Group), Chidi Iwuchukwu (Head of Investment Banking, Banking Division Africa - RMB)

Left to right: Dan Croft (Regional Industry Manager, Infrastructure, Central Africa & Anglophone West Africa - IFC), Jean GuyonnetDuperat (Country Director Nigeria - Proparco), Chris Wood (CEO - WIOCC Group), Chidi Iwuchukwu (Head of Investment Banking, Banking Division Africa - RMB)

A financing package from IFC and Proparco will fund WIOCC’s expansion strategy in three African countries, enhancing the continent’s digital infrastructure and connectivity and supporting economic growth.

The financing includes loans of $10 million and ZAR 200 million from IFC, a member of the World Bank Group, and $20 million from Proparco, a development finance institution and subsidiary of the Agence Française de Développement Group. WIOCC expects to sign an additional $10 million loan for its expansion in Nigeria with RMB in the next few weeks.

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