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.’
MEA Markets is happy to announce that the MEA Business Awards are returning for the sixth consecutive year! This established awards programme identifies those individuals and companies who excel in their respective industries, encompassing the entirety of the Middle East and Africa in our search to highlight the firms that go above and beyond to establish themselves as business leaders.Visit our awards here
MEA Markets is very proud to host the UAE Business Awards 2023 for its seventh instalment! This awards programme aims to reward a vastly diverse range of hardworking businesses from across the United Arab Emirates region, who are demonstrating innovation and excellence throughout a turbulent economic climate many firms are suffering through.Visit our awards here