Econet-Global

Econet could Buy as much as 49% of State-Owned Telecoms in Ethiopia

Posted by - February 28, 2020

Econet Global is interested in purchasing a telecommunications licence in Ethiopia, reports TechCentral. The company, founded by Zimbabwean billionaire Strive Masiyiwa, could be one of the first foreign investors to do so since the industry opened up. According to the report, the “Horn of African nation has announced plans to sell as much as 49%

JUMO Raises $55 Million For Expansion Into New Markets

Posted by - February 27, 2020

JUMO, a technology company building next-generation financial services for emerging market entrepreneurs, recently announced the successful raise of US$55 million in debt and equity funding.  This will support JUMO’s expansion into new markets and the launch of new products. The funding round introduced new investors to join existing investors such as Goldman Sachs, Odey Asset