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Tag: african
Altech sells East African assets to Liquid Telecom
2013-01-29 11:42:00| Telecompaper Headlines
(Telecompaper) Liquid Telecom has announced a deal to acquire the East African telecom assets of the Altech Group, including Altech's 61 percent stake in Kenya Data Networks (KDN). The deal, under which South Africa-based Altech becomes a minority shareholder in Liquid with a stake of 8.6 percent, creates a single fibre network spanning Kenya, Uganda, Rwanda, Zambia, Zimbabwe, Botswana, DRC, Lesotho and South Africa. Liquid Telecom claims to have built the largest fibre network in Southern Africa and Central Africa. Altech will contribute its majority interests in Altech East Africa on a debt- and cash-free basis, as well as pay USD 16.5 million for new shares in Liquid. This gives it an initial 8.6 percent equity stake in the company, with shareholder voting rights of 10 percent. Altech will also have one seat on the Liquid board, as long as it holds at least 5 percent in the company.
Tags: east
african
assets
liquid
Diageo buys stake in South African sorghum brewery
2013-01-29 04:57:31| Beverages - Topix.net
The drinks giant will form a 50:50 joint venture with Indian businessman Vijay Mallya to run United National Breweries' traditional sorghum beer business in South Africa.
Tags: south
african
buys
south african
African Swine Fever Vaccine Within Reach
2013-01-23 01:00:00| ThePigSite - Industry News
SPAIN - Research from CReSA published recently takes us a step forward in the development of an effective vaccine against African Swine Fever.
Tags: reach
african
fever
vaccine
African coffee champion takes on Uganda challenge
2013-01-17 14:52:40| BBC News | Business | UK Edition
The Ugandan champion barista taking coffee back to its roots
Tags: takes
challenge
coffee
african
March Ports & Logistics Meet Gears-Up to Tackle African Supply Chain Development Issues for 2013
2013-01-17 08:58:42| Logistics - Topix.net
Now into its 4th year, the Africa Ports, Logistics and Supply Chain Conference is the premier event focusing on ports, terminals and their allied cargo movements and trade flows.
Tags: development
march
issues
meet
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