Simon O'Hara, a senior executive at Airtel Africa, has issued a notice to the Nigerian Exchange Limited stating that the telecom company has received a total of $375 million from three investors: Qatar Investment Authority (QIA), Mastercard and The Rise Fund.

Read more: Airtel Africa collects $375 million in the first closing of its mobile money agreements

As part of its contribution to the first phase of the Decent Life project, Telecom Egypt is connecting fibre-optic networks to about 1,413 villages in 52 towns in 20 governorates to develop the information infrastructure and ensure the access of high-speed Internet services to the Egyptian countryside, including the access of the fiber-optic network for more than one million buildings, comprising more than 3 million housing units, according to state agency news report.

Read more: Telecom Egypt’s fibre-optic networks to connect 1,413 villages in 20 governorates

Telkom Kenya is currently preparing its connection to the Pakistan & East Africa Connecting Europe (PEACE) submarine fiber optic cable to further strengthen its capabilities in this area, noting that the company is planning to have the whole operation completed by the end of 2021.

Read more: Telkom to connect to PEACE submarine cable by year-end

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