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Investments and Expansions

Globe Telecom Adds 542 Cell Sites in First Half of 2023 to Expand Network

Globe continues to boost its network amid sustained demand for connectivity, building 542 new cell sites and upgrading 5,087 mobile…

Apica Acquires LOGIQ.AI & Secures $10M in Funding to Modernize Data Management

Apica, the leader in synthetic monitoring and observability, announced its agreement to acquire observability data fabric startup LOGIQ.AI.  Apica also…

Pivotal Commware Secures $102M Financing to Speed Up mmWave FWA Deployment

Pivotal Commware, global leader in 5G mmWave infrastructure products, announced the closing of a $102 million Series D round led…

Northleaf Capital Partners Invests $200 Million In Tillman FiberCo

Tillman FiberCo and Northleaf Capital Partners last Thursday announced a strategic partnership. Funds managed by Northleaf have made an initial…

AST SpaceMobile Secures $100M Strategic Financing from Atlas

Atlas Credit Partners (ACP), an asset management firm specializing in investing and partnering with businesses on a direct basis, announced a $100…

Telefónica Invests in eSIM Firm Airalo

Telefónica, through Telefónica Ventures, has invested in Airalo, an eSIM company that connects users across countries and regions.  The recently…

AI Chipmaker Tenstorrent Secures $100M in Funding from Hyundai & Samsung

Tenstorrent announced that it closed a $100M strategic financing up-round led by Hyundai Motor Group and Samsung Catalyst Fund, with…

e& Launches ‘e& Universe’ - the First Metaverse in the Region

e& announced the launch of ‘e& universe’, the first metaverse in the region that is set to captivate audiences with…

Safaricom Shareholders Approve Two New Subsidiaries to Invest in Tech Start-ups in Kenya

Safaricom shareholders have approved two new subsidiaries, one dedicated to investing in seed-stage and another on growth-stage start-ups. These significant…