Category : Search result: Vodacom expansion

Nigeria's Oil Rig Count Stagnates at 41 as OPEC Peers Expand Drilling

Nigeria's oil rigs stuck at 41 amid OPEC expansion

Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.

ISPs Demand Policy Support to Bridge Nigeria's Digital Divide

ISPs Seek Policy Help for Underserved Areas

Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.

Vodacom Acquires $2.1 Billion Controlling Stake in Kenya's Safaricom

Vodacom Takes Control of Safaricom in $2.1B Deal

South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.

Eterna Plc Seeks N21.52bn via Rights Issue for Major Expansion

Eterna Plc Launches N21.52 Billion Rights Issue

Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.

Feedlot Nigeria Expands Cattle Capacity to 5000 Herds

Feedlot Nigeria Expands to 5000 Cattle Herds

Feedlot Nigeria boosts cattle capacity to 5000 herds, enhancing local beef production and reducing import dependency. Discover how this expansion transforms Nigeria's agricultural sector.

Makinde Proposes N891.9bn 'Budget of Economic Expansion' for Oyo in 2026

Makinde Presents N891.9bn 2026 Budget to Oyo Assembly

Oyo State Governor Seyi Makinde presents a N891.9bn 2026 budget focused on economic expansion. The proposal allocates 56.7% to capital projects, with infrastructure and education as top priorities.

MTN Nigeria Hits 51.1 Million Data Users as Internet Demand Soars

MTN Nigeria Reaches 51.1 Million Data Users

MTN Nigeria's active data users surge to 51.1 million, reflecting Nigeria's growing digital appetite. Discover what this means for internet access and data pricing.

Zenith Bank Expands to Kenya with Paramount Bank Acquisition

Zenith Bank to Acquire Paramount Bank in Kenya

Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.

Samsung's $310 Billion AI Investment Plan Targets Global Tech Dominance

Samsung to invest $310 billion in AI expansion

Samsung unveils a massive $310 billion investment plan focused on AI technology, including new semiconductor plants and data centers. Discover how this shapes global tech competition.

Burger King to Double China Stores in $350M Joint Venture

Burger King Plans to Double Stores in China

Burger King forms a $350M joint venture to double its restaurants in China within five years, challenging McDonald's and KFC. Read more about this major expansion.

Presco Plots Major Expansion with ₦23.7 Billion Rights Issue to Boost Production Capacity

Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

Ellah Lakes Plc Secures Massive ₦2.36 Billion Funding Injection to Revolutionize Nigerian Agriculture

Ellah Lakes Secures ₦2.36BN for Agricultural Expansion

Nigerian agribusiness giant Ellah Lakes Plc announces strategic capital raise of ₦2.36 billion to expand operations and drive agricultural transformation across Nigeria. Learn how this funding will impact food security and economic growth.

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