Eutelsat Communications and InfraMed have entered into an agreement whereby InfraMed becomes a c.21% shareholder in ‘Broadband for Africa,’ the venture set up by Eutelsat to provide satellite broadband services on the African continent. By investing in ‘Broadband for Africa,’ InfraMed is pursuing its strategy to focus on opportunities in regions characterised by dynamic demographics and infrastructure insufficiency.
Laurent Grimaldi, CEO of ‘Broadband for Africa’ commented: ‘In leveraging state-of-the-art satellite technologies, ‘Broadband for Africa’ will offer telcos, Internet Service Providers and government agencies a quality solution that enables more Africans to get online. We welcome InfraMed as a shareholder and look forward to benefiting from its track record of successful infrastructure investments.’
Introducing an essential new addition to MEA Market’s roster of awards, the inaugural Middle East CEO of the Year Awards 2023!
Visit our awards hereMEA Markets is excited to announce that the prestigious MEA Business Awards will be returning to our platform once again in 2024! This ever-popular programme is now entering its eighth consecutive year, and with each iteration we strive to make the latest version even better than the last!
Visit our awards hereMEA Markets is excited to announce that we are set to host the UAE Business Awards for an eighth consecutive year! The 2024 programme will look to recognise the top performing companies across the various key sectors that make up the UAE’s diverse and evolving industry market.
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