Connect with us
Anglostratits

Tech

Dimension Data Nigeria holds signing ceremony for $15m Bond Programme

Published

on

Dimension Data Nigeria

 

Speaking during the signing ceremony, Gbenga Olabiyi, Managing Director of Dimension Data Nigeria, explained that the capital raise is focused on long-term value creation. “Sustained infrastructure investment is essential to maintaining competitiveness and unlocking future growth. When deployed thoughtfully, infrastructure secures the business, future-proofs operations, and allows efficient scaling as data demand and complexity increase.”

Nigeria continues to face significant digital infrastructure gaps, including limited metro and access fiber coverage, constrained enterprise connectivity, and rising demand driven by cloud adoption, fintech, digital public services and artificial intelligence. These gaps increase costs, limit service quality, and slow the country’s digital economy. Olabiyi said the bond programme is designed to help expand critical digital infrastructure capacity, strengthen network resilience, and support enterprise and carrier-grade services needed to meet Nigeria’s growing data and connectivity requirements.

We believe strongly in working with partners to address the critical infrastructure deficit in Nigeria and across Africa

He also expressed appreciation to the company’s advisers and partners for their professionalism and support throughout the process and signaled his intention to continue working closely with them as Dimension Data moves into subsequent phases of funding and execution.

In his comments, Shatse Kakwagh, Managing Partner, Mbavaa Partners Limited, the Private Equity company backing Dimension Data Limited, described the transaction as a watershed moment for the company and a validation of its long-term infrastructure strategy.

“This is a journey we began years ago, and it proves that the opportunities we see in the market can be realised,” Shatse said. “We believe strongly in working with partners to address the critical infrastructure deficit in Nigeria and across Africa. This programme enables us to secure the right type of capital to finance the aggressive growth we have planned.”

He noted that the bond programme has received a strong vote of confidence from rating agencies. At the same time, the company’s first market issuance was heavily oversubscribed, reflecting investor belief in Dimension Data’s ability to execute and deliver at scale.

The transaction advisers on the bond programme include Pathway Advisors Limited as Book Runner; Greychapel Legal and Alliance Law Firm as Solicitors; CardinalStone Registrars Limited and STL Trustees Limited as Registrar and Trustees; Deloitte & Touche as Reporting Accountant alongside Mascot Okpori & Co as Auditors; Fidelity Bank as Receiving Bank; and Agusto & Co as Rating Agency.

Distributed by APO Group on behalf of Dimension Data.

Business

Comsol enters wholesale 5G home broadband market with backing from new shareholders

Published

on

Comsol

Comsol aims to blanket South Africa with around 2,000 base stations, representing one of the country’s largest standards-based and highest-capacity 5G networks

JOHANNESBURG, South Africa, August 20, 2026/APO Group/ —

  • New shareholder alignment funds the multibillion-rand buildout of a purpose-built 5G-Advanced fixed wireless access (FWA) network.
  • Wholesale model enables established ISPs, MVNOs, WISPs and new market entrants to access South Africa’s fastest-growing broadband category.
  • Network brings stable, high-speed home connectivity and greater consumer choice to a growing market across the nation, including underserved areas, starting in Gauteng.

 

Comsol (https://Comsol.co.za/), a South African fixed wireless connectivity and private network operator with a history spanning nearly three decades, is entering the home broadband market as a wholesale provider of 5G infrastructure. The move is backed by two new shareholders: Platform Investment Partners, which has made 10 founder-stage fibre investments across four geographies over the past decade, and Wimsey Capital, a privately held investment company.

The new shareholding follows the exit of Nedbank Private Equity, part of Nedbank CIB, from its investment in Comsol. Convergence Partners, a major shareholder and long-standing investor in the business, together with Solcon Capital, is investing additional growth capital. Founder and CEO Iain Stevenson (through Mactavish Investments) retains his stake and is also investing additional capital into the company. RMB arranged and provided an innovative and holistic funding solution that enabled the shareholder transaction and will support the business in its strategic capex roll-out plan.

The move gives South African internet service providers, mobile virtual network operators (MVNOs) and other potential partners access to a standalone 5G-Advanced* network purpose-built for fixed wireless access (FWA). Comsol owns and operates the network as an end-to-end wholesale product, while its partners control the customer relationship and go-to-market strategy, including branding, commercials and support.

One million households in Gauteng already covered

Comsol started building its network six months ago and already covers more than a million households in Gauteng. The company is targeting full coverage of Gauteng by March 2027. Expansion into the Western Cape, KwaZulu-Natal and major regional centres will follow in 2027 and 2028.

Comsol aims to blanket South Africa with around 2,000 base stations, representing one of the country’s largest standards-based and highest-capacity 5G networks. The network creates a new wholesale option for South African service providers, giving them more network capacity choice through new infrastructure, enhancing the competitive landscape to the benefit of the consumer.

“Comsol anticipates where the market is heading and builds ahead of demand,” said Stevenson. “This is why we were investing in licensed spectrum years before its strategic value was widely understood and building private 5G before the market had grasped what it would enable. We see 5G-Advanced for the home as a big growth opportunity.

“ICASA has allocated spectrum to network providers to expand broadband access and increase competition in the market. We believe the way to honour that mandate is to build wholesale infrastructure that extends high-speed broadband to new customer segments and creates a platform for more competition at the well-established service provider layer.”

Backed by investors with deep experience in telecom infrastructure

Comsol anticipates where the market is heading and builds ahead of demand

Shaun Clark, CEO of Platform Investment Partners, added: “We have spent years investing in the construction of open-access digital infrastructure in South Africa, and were founding investors in assets such as DFA, Conduct, Vumatel and N99. Our approach has always been to identify trends in technology adoption and invest behind them. We see fixed wireless as an important part of the connectivity market. Comsol is a natural fit with our portfolio of digital infrastructure businesses, which are all centred around a neutral host model.”

Richard Ladbrook, Director of Wimsey Capital, said: “We see a significant opportunity in 5G fixed wireless access to bring high-quality connectivity to more South African households. Comsol has a multi-decade track record of successfully building and delivering advanced wireless networks in diverse contexts. We are excited to back the business and partner with the world-class Comsol team as they build and scale this next phase of growth.”

Said Andile Ngcaba, executive chairman of Convergence Partners and chairman of the Comsol board: “Comsol is well positioned as the world transitions from 5G to 6G. The depth of its spectrum and nationwide network presence across all provinces creates a significant opportunity to serve South Africa’s enterprise, private and public sectors. Comsol’s platform is equally relevant to urban and rural markets, and to companies of all sizes.”

For Nedbank Private Equity this exit concludes a successful nine-year investment in Comsol. “We are proud to have supported the company’s growth, network rollout and value creation journey alongside management and our co-shareholders. The transaction positions Comsol strongly for its next phase of growth,” said Yougan Moodley of Nedbank Private Equity.

The commercial case for advanced home 5G

Comsol’s wholesale 5G-Advanced offering complements existing fibre networks, expanding consumer choice and the reach of home connectivity.  Approximately 15% of South African households are connected to fibre, largely concentrated in dense metro areas where trenching costs are justified. This leaves a significant market adjacent to suburban markets where 5G FWA can be deployed quickly and at a substantially lower cost. The 5G-Advanced FWA network deployed by Comsol provides high capacity to support home broadband at scale, enabling entire towns to be covered in weeks.

Regulatory and technology developments in recent years have further strengthened the commercial case for 5G-Advanced FWA home connectivity. Comsol received its C-band spectrum licence from ICASA in 2022, providing investors with the certainty to fund the network rollout. The allocated spectrum supports speed-tiered plans with competitive pricing for consumers. Meanwhile, declining 5G chipset and CPE costs have lowered the upfront cost for consumers and ISPs entering the 5G FWA market. As a new entrant into the 5G wholesale market, Comsol also benefits from a modern 5G-Advanced standalone core, unencumbered by legacy technologies.

These advantages of 5G FWA are expected to drive significant growth over the next five years. ICASA data shows FWA subscriptions growing by roughly 39% year on year in 2025.** BMIT predicts that 5G may account for up to 67% of all residential FWA connections by 2029, up from 35% in 2024.***

Built differently

Comsol’s network is one of only two production 5G standalone cores currently live in South Africa. The network offers a level of ultra-low latency and dedicated capacity control that hybrid 4G/5G deployments cannot match, along with roughly double the uplink performance of typical 5G mobile operator networks.

Comsol’s implementation of 5G-Advanced is IMT-conformant, taking advantage of standards-based technologies that deliver significantly greater capacity at a lower cost per bit. Comsol’s network is purpose-built to deliver high-capacity 5G home connectivity at scale.

Advantages for partners

Comsol operates as a wholesaler and does not compete with its consumer-facing partners. ISPs and other partners retain ownership of their go-to-market strategies, including product commercials, packaging, billing and branding. Comsol’s API-driven platform enables partners to bring a branded 5G-Advanced FWA offering to market in weeks, while retaining a high degree of control over their products and customer engagement.

Comsol has designed the network to enable ISPs to reach new customer segments with connectivity geared towards streaming, video calls and smart-home use that make up the bulk of home broadband needs. Its API-driven architecture gives partners the flexibility to build differentiated packages for different customer segments and implement or adapt products within hours, enabling them to respond quickly to changing market demand.

Distributed by APO Group on behalf of Comsol.

 

Continue Reading

Business

KoçSistem Leads Türkiye’s Information Technology (IT) System Integrator for the Eighth Consecutive Year as KoçDigital Wins Top Artificial Intelligence (AI) Award

Published

on

KoçSistem

KoçSistem ranked first in ICT 500’s main system integrator category for an eighth consecutive year, while KoçSistem and KoçDigital recorded 10 category wins as KoçSistem expands its MENA operations through Dubai and Riyadh

ISTANBUL, Türkiye, August 9, 2026/APO Group/ –KoçSistem (www.KocSistem.com.tr), a Türkiye-based technology company, ranked first in the main Information Technology Systems Integrator and Business Partner category of the 27th ICT 500, the country’s most comprehensive ICT (information and communication technology) sector research.

 

The company announced that the eighth consecutive category lead, as well as 10 combined category wins for KoçSistem and KoçDigital, support its MENA growth through offices in Dubai and Riyadh.

“Securing this leadership for an eighth consecutive year in ICT 500 is a strong reference for our leadership position in Türkiye,” said Mehmet Ali Akarca, General Manager of KoçSistem. “It also supports our objective of growing in international markets. We are pleased to take the technology expertise and operational capabilities we developed over many years in Türkiye to the MENA region.”

Ten category wins across two companies

KoçSistem’s eight first-place results covered the main system integrator category and areas including consulting, cloud, hosting management, cybersecurity, managed services and data backup and storage hardware.

With over 80 years of experience, we aim to create long-term value for the region’s digital ecosystem

KoçDigital added two first-place results in data warehousing and business intelligence software, and artificial intelligence under the “Contribution to Türkiye’s Economy” category.

ICT 500 ranks Türkiyes largest ICT companies

ICT 500 is BThaber’s annual ranking of Türkiye’s 500 largest ICT companies by revenue, with additional tables covering operating categories. The latest edition assessed 2025 data and marked the study’s 27th year.

The research reported that the combined 2025 revenue of the 500 ranked companies reached TRY 1.6 trillion, up 40 per cent from 2024.

MENA growth through Dubai and Riyadh

KoçSistem opened offices in Dubai and Riyadh in 2024 and continues to develop its MENA business in AI, cloud, cybersecurity, data analytics and managed services.

The offices extend a regional initiative outlined at GITEX Dubai 2024, when KoçSistem described Dubai as a base for developing customer and partner relationships across the Gulf and wider MENA markets.

“With over 80 years of experience, we aim to create long-term value for the region’s digital ecosystem,” Akarca concluded.

Distributed by APO Group on behalf of KoçSistem.

 

Continue Reading

Events

Data Centre Summit Connects Africa’s Digital Growth with the Power Systems Needed to Sustain it

Published

on

Data Centre Summit

The programme will examine why data centres are emerging as a new industrial powerhouse and what coordinated action is required from operators, hyperscalers, utilities, independent power producers and investors to capture Africa’s share of global demand

JOHANNESBURG, South Africa, August 13, 2026/APO Group/ –The Data Centre Summit returns for its second edition on 29 October 2026, co-located with the C&I Energy + Storage Summit at The Maslow Hotel in Johannesburg.

 

Following its debut alongside Enlit Africa in Cape Town, the Summit responds to a clear industry need: a platform that connects the growth of artificial intelligence and digital infrastructure with the power, cooling, financing and sustainability challenges shaping data centre development across Africa.

The programme will examine why data centres are emerging as a new industrial powerhouse and what coordinated action is required from operators, hyperscalers, utilities, independent power producers and investors to capture Africa’s share of global demand.

Cooling will be a central focus, with sessions exploring the shift from air to liquid cooling as rack densities increase. Discussions will consider deployment at scale, high-performance infrastructure, water availability, waste-heat reuse and the pressure that freshwater scarcity places on cooling decisions.

A South Africa country spotlight will assess the wheeling landscape, grid congestion, regulatory developments and investor sentiment influencing near-term project delivery. The programme will also explore the operational realities of maintaining 24/7 power supply through renewable blending, co-location and evolving generation technologies.

A dedicated case study will unpack how Cape Town, the first African city to launch a formal data strategy, is balancing spatial planning, resource constraints and public transparency against the rapid site approvals demanded by hyperscale growth. This will be paired with a cross-sector conversation on how surging digital workloads are drawing municipal grid capacity and independent power producers into closer alignment, and what coordinated, energy-led siting means for the next wave of facilities coming online across the continent.

Parallel masterclasses will focus on implementation, practical data centre design for African conditions and the barriers limiting clean energy investment. These sessions will address project bankability, power availability, execution risk, grid instability, contractor capacity and blended-finance solutions, giving delegates concrete tools to move projects from concept to bankable reality.

Co-location with the C&I Energy + Storage Summit, created by VUKA Group, places data centre operators in direct conversation with the customers, energy providers, financiers and technical partners responsible for powering Africa’s digital backbone.

For more information and to download the Data Centres Summit Johannesburg programme, visit https://apo-opa.co/3TXHxJ5  

Distributed by APO Group on behalf of VUKA Group.

Continue Reading

Trending