August 20, 2024/CSL Research In H1 2024, MTN Nigeria saw substantial growth driven primarily by double-digit increases in both voice (+12.4% y/y to N632.38 billion) and data (+54.7% y/y to N727.33 billion), despite experiencing inflationary pressures which increased Operating Expenses significantly (+51.4% y/y to N404.63 billion). For 2024, we maintain […]
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SEC Adopts Rule to Update Definition of Qualifying Venture Capital Funds
Rule inflation adjusts the dollar threshold to be considered a qualifying venture capital fund August 22, 2024/US SEC The Securities and Exchange Commission today adopted a rule that updates the dollar threshold for a fund to qualify as a “qualifying venture capital fund” for purposes of the Investment Company Act […]
DRC Inaugurates $30 Million Raxio Data Centre to Catalyse Digital Economy
Raxio Group opens DRC’s largest capacity data centre with Tier III Uptime certification August 22, 2024/Aetoswire In a landmark move reinforcing the Democratic Republic of the Congo’s (DRC) burgeoning role in Africa’s digital transformation, Raxio Group today inaugurated its state-of-the-art data centre in Kinshasa, marking the country’s largest data centre, […]
