South African fund PRIF buys into Kenyan data firm Icolo

KENYA – South African investment fund Pembani Remgro Infrastructure Fund (PRIF) has acquired a 20 per cent stake in a Kenyan data storage firm, Icolo Limited. The move will see the firm expand its operations across the country. In a notice in the Kenya Gazette, Kenya’s competition regulator Competition Authority of Kenya (CAK) said it had given nod to the multi-billion deal that first came into the limelight December last year.  “It is notified for general information that in exercise of the powers conferred upon the Competition Authority by section…

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Shell Nigeria Exploration Company donates an ICT Centre to Enugu State University

NIGERIA – The Shell Nigeria Exploration and Production Company (SNEPCo), a deep-water energy company, has donated an Information and Communications Technology (ICT) Centre to the Enugu State University of Science and Technology as part of the NNPC/SNEPCo ICT support programme launched in 2007 under the sponsorship of the Nigeria National Petroleum Corporation (NNPC). According to Africa Business, the ICT centre, a one-storey building, comprises five computer laboratories, four smart boards, 62 computing systems, one Wi-Fi lounge, a 100 kva generator, and a new water supply system. Handing over the facility…

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