Mobilserve, leading Telecom Infrastructure Solutions Provider Sees Network Sharing as Key Growth Driver for Region's Mobile Operators.
Mobilserve, the region's leader in turnkey telecommunication infrastructure solutions and engineering services, predicts strong growth for mobile operators fueled by growing demand for data and 3G services. Subscription rates are forecast to grow substantially in the coming years, with Egypt emerging as the second fastest growing market in Africa.
Saturday, January 16, 2010
Standard Chartered Private Equity Invests $47.5m in Seven Energy
Standard Chartered Private Equity Limited has announced that it has invested $47.5m to acquire a minority stake in Seven Energy, a leading Nigerian gas exploration and development company. Seven Energy was formed in 2007 and is focused on the provision of gas to leading industrial firms in
Standard Chartered’s investment will aid in the development of Seven Energy’s business and toughen its competitive positioning. The use of funds will provide a much needed spur for the company to provide to
Labels:
Funds,
Investment,
Nigeria,
Private Equity
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