Wholesale bandwidth provider West Indian Ocean Cable Company (WIOCC) has laid the 2Africa fiber optic submarine cable at the Durban Open Access Data Centers (OADC) in KwaZulu-Natal, South Africa. This is the fourth and final landing of this infrastructure in the rainbow nation.
The arrival of 2Africa in KwaZulu-Natal comes about three weeks after Vodacom laid the same cable system in its Gqeberha facilities in Eastern Cape. A month earlier, MTN SA and MTN GlobalConnect landed the cable in Yzerfontein and Duynefontein in the Western Cape.
The partial privatization of Ethio Telecom is part of the process of liberalizing the Ethiopian telecom market. The government had originally planned to sell 40% of the historic operator. Finally, it announces that it wants to sell "up to 45% of Ethio Telecom's capital to an international company as part of the partial privatization" of the historic operator. To this end, the Ethiopian Ministry of Finance has launched a call for proposals published on Thursday, February 9.
Disrupt Africa has released its annual report on funding for African startups and announces a historic record despite the global slowdown in the venture capital sector. For the first time, the media claims, the $3 billion mark has been surpassed. This is also the first time that this report is made available for free thanks to several sponsors Flat6Labs, MarketForce, 4Di Capital, Mercy Corps Ventures, Newtown Partners, and InsiderPR