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South Africa needs to bail out Eskom, says former Eskom adviser Rothschild

The South African government needs to "bite the bullet" and bail out struggling state-run power firm Eskom, which has asked for R100-billion ($7-billion) in government support, the chief executive of Rothschild & Co in South Africa told Reuters. Rothschild advised Eskom in 2008 when it last... 

Liquid to invest $400m in Egypt over three years

Pan-African telecoms group Liquid Telecom plans to inject $400-million into Egypt’s network infrastructure and data centres over the next three years. This follows the signing of a partnership agreement between Telecom Egypt, which is working to connect Egyptian businesses to the rest of Africa... 
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