Digital News Asia’s Post

Bilateral approaches to funding tech infrastructure projects in Global South nations play a crucial role in promoting digitalization, connectivity, and economic development in these regions. These partnerships involve collaboration between two countries, combining public and private sector resources to support the implementation of technology initiatives and build a foundation for sustainable growth. Through development assistance agreements, technology transfer, joint ventures, trade agreements, and capacity-building programs, bilateral partnerships are driving innovation, enhancing connectivity, and fostering skills development in Global South nations. https://g.co/kgs/rTBeNxH #TechEMAvision# https://lnkd.in/eaAcrc5Q

An even more competitive TowerCo landscape in South Africa as Actis invests in sustainable infrastructure - it's a market where uptime resilience needs careful CapEx and OpEx management. Resilience, efficiency and sustainability are top of the industry's priorities - and opportunities. https://lnkd.in/epwNBAmY #netzero #sustainability #energyefficiency #innovation

"It takes a lot of time to build digital infrastructure, so we as Africans need to start now if we want our continent to partake in the Fourth Industrial Revolution. It is only after building the infrastructure that we can be successful in adding applications like fintech, e-commerce, and healthtech solutions on top and driving digital adoption." - Andile Ngcaba, Chairman of Convergence Partners. In January, Convergence Partners closed its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296 million. Focused on investing in digital infrastructure opportunities in Africa, such as data centers, fiber networks, AI, and more, the fund has so far backed companies such as Yellow, 42Market, inq, SEACOM, and CSquared. In an interview with TechCabal, Andile Ngcaba, Chairman of Convergence Partners, discusses the need for more solid digital infrastructure in Africa and the opportunities this presents, the principles guiding how Convergence Partner invests, and more. Via TechCabal. https://lnkd.in/dj_imFJU #investing #funding #venturecapital #digitaltransformation

Good news #telecominfrastructure #sustainabledevelopment #digitalconnectivity 🇷🇸IFC - International Finance Corporation IFC is a strong proponent of digital infrastructure-sharing models, including independent tower companies, which provide high quality and affordable digital connectivity to individuals and businesses, including in underserved rural areas. Shared towers also limit the environmental footprint of digital infrastructure and boost energy and resource efficiency.

Tech infrastructural development and funding in the Global South Nations is crucial for their economic growth, social development, and overall progress. In recent years, there has been a growing recognition of the importance of investing in technology infrastructure in these nations to bridge the digital divide and improve access to information and communication technologies. https://g.co/kgs/rTBeNxH #TechEMAvision# https://lnkd.in/gRT9zape

The infrastructure industry needs technology to improve value and outcomes but is a long way from realizing the many potential benefits of infrastructure technology (#InfraTech). To fully realize the benefits of infrastructure technology, we need: 1.) Increased investment at the asset level to help new technologies break into the market. 2.) Strategic national or subnational investment to replace ad-hoc funding and drive innovation across the lifecycle. Our InfraTech resource looks at these two areas in detail and outlines policy, commercial, technology, and finance approaches to scale up investment in InfraTech. Explore this resource here: https://lnkd.in/gnHHayDh #InfrastructureInvestment #InfrastructureTechnology

A #consortium of #investors including Amethis, AfricInvest Group, Proparco and the IFC - International Finance Corporation has acquired a majority stake in NETIS Group, a leading #pan-#African #telecommunication #infrastructure service provider. On the announcement of the acquisition, Jean Farhat and Jean-Claude Figali, #co-#founders and respectively CEO and Deputy CEO said: “#Netis has very #strong #ambitions in the coming years in terms of #human, #technical and #commercial development. Our Vision for building low carbon Telecom and Energy networks for a #competitive #Africa is perfectly #aligned with that of our new #Consortium #partners. Adnane Zerhouni, #Partner at Amethis, said: “Netis is a #leading African #digital #infrastructure services company, and it contributes to the digital development on the continent. We have put in place a #strong #consortium of #investors that will support the management’s #ambitious growth strategy. Sarvesh Suri, Regional Industry Director for #Infrastructure and #Natural #Resources in Africa at IFC - International Finance Corporation, said: “Our investment in an innovative company like #Netis is aimed at #expanding much-needed #connectivity across the #continent, empowering people and businesses to tap into the growing opportunities of the #global #digital #economy and providing #underserved #communities with #access to essential #products and #digital services.” Khalil Lakhoua, Partner and Deputy CIO at #Africinvest , said: “We are excited to partner with such an #experienced #management team with a #proven #track #record and solid organizational framework which is well-equipped to manage a #multi-#country and multi-business line company. Damien BRAUD, Head of #Private #Equity #Africa & Middle East, at #Proparco, said: “Proparco is very thrilled to collaborate with a #visionary #partner like Netis, whose leadership and dynamic innovation capabilities have increased digital inclusion across the African continent. The consortium deal teams included Adnane Zerhouni, Omar Naciri and Hicham El Ammari representing Amethis, Khalil Lakhoua, Mohamed Sebti and Hedi Dziri representing AfricInvest Group, Damien BRAUD, Tibor Asboth, Claire Devey and Marie-Pauline Piquet-Gauthier representing Proparco and Christine Kapkusum, Bongchul Kim, CFA and Christian Mulamula representing IFC - International Finance Corporation. The consortium was advised by ASAFO & CO. (legal advisor), Deloitte (financial and tax advisor), IBIS Consulting (ESG and Impact), and various other consultants on commercial and technical matters. https://lnkd.in/dndDexuf

New #SubseaCable systems are connecting #Lisbon with every corner of the globe. Read the blog to learn what makes Portugal’s capital such an important digital hub: https://eqix.it/4bb8jB0

Our January newsletter featuring the most recent news, insights, and events from GIIA is now available 📨 Highlights include: ➡ Our first ESG report in collaboration with Realfin, developed specifically for the infrastructure investment landscape, covers Q3 2023 and heralds a planned series ➡ We highlight the need for new, economic duties for UK water and energy regulators that allow for the long-term investment ➡ GIIA wins Best Association website in the Web Excellence Awards, among more than 900 entries from 21 countries for this year’s awards, cited by judges as a 'remarkable' achievement   Explore more and stay informed by subscribing ➡ https://lnkd.in/gG_8ZvxR #giianews #infrastructure #investment #netzero #regulation #policy #sustainableinvestment #ESG