Royal Bafokeng Holdings (RBH) News

Nic Rudnick, CEO, Liquid Telecom

Pan-African Liquid Telecom Group has completed the $500M purchase of South Africa's Neotel

South African communications network operator Neotel has officially become part of the pan-African telecoms group Liquid Telecom.

Nic Rudnick, CEO, Liquid Telecom

Liquid Telecom buys Neotel for $466M to form Africa's largest fiber network

Africa’s largest fiber network will be formed as Liquid Telecom buys South African converged network operator Neotel.

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Econet Wireless & Royal Bafokeng to purchase Neotel for $428M creating Africa's largest broadband network

Econet Wireless Global affiliate Liquid Telecom agreed to pay 6.55 billion rand ($428 million) for South African Internet-service provider Neotel Pty Ltd., creating the continent’s largest broadband network and business-to-business phone carrier.

Ethiopia & Djibouti agree on Blackstone-backed $1.6B fuel pipeline

Ethiopia & Djibouti agree on Blackstone-backed $1.6B fuel pipeline

Ethiopia and Djibouti signed an agreement for a $1.55 billion fuel pipeline with developers Mining, Oil & Gas Services and Blackstone Group LP-backed Black Rhino Group.