Dimension Data acquires Acacia Cloud Solutions

SOUTH AFRICA – Information technology company Dimension Data (DiData) has acquired Acacia Cloud Solutions, an Amazon Web Services (AWS) partner and cloud implementation firm. In a statement, DiData says the acquisition cements its investment in cloud services and solutions that meet the digital transformation and hybrid cloud requirements of organisations in the Middle East and Africa. In addition, the company says the acquisition will expand its AWS capabilities and provide its clients with cloud managed services solutions that deliver relevant optimisation tools and speed to market. Commenting on the acquisition,…

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Barrick sells Kenyan project to Shanta Gold for US$14.5 million

KENYA – Barrick Gold, a mining company, has sold its project in southwestern Kenya, held by its former subsidiary Acacia Mining, to Tanzania-focused Shanta Gold in a US$14.5 million deal. The cash and shares transaction give Shanta its first asset outside Tanzania, which Acacia began exploring in 2010 before being bought out by Barrick. Acacia and previous owners had spent about US$55m in exploration, including 221,000 metres of drilling across the project since 2010. The West Kenya licence holds about 1.18 million ounces of gold with a grade of 12.6…

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