Posted on June 24, 2016
InfraMed Invests in Eutelsat’s ‘Broadband for Africa’ Satellite Venture
Eutelsat Communications and InfraMed have entered into an agreement whereby InfraMed becomes a c.21% shareholder in ‘Broadband for Africa,’ the venture set up by Eutelsat to provide satellite broadband services on the African continent. By investing in ‘Broadband for Africa,’ InfraMed is pursuing its strategy to focus on opportunities in regions characterised by dynamic demographics and infrastructure insufficiency.
Laurent Grimaldi, CEO of ‘Broadband for Africa’ commented: ‘In leveraging state-of-the-art satellite technologies, ‘Broadband for Africa’ will offer telcos, Internet Service Providers and government agencies a quality solution that enables more Africans to get online. We welcome InfraMed as a shareholder and look forward to benefiting from its track record of successful infrastructure investments.’
Subscribe
Receive your FREE Quarterly Issue
Name
Email Address
What is:
Submit
Our awards
Middle East CEO of the Year Awards
MEA Markets is excited to announce that the Middle East CEO of the Year Awards will be retuning in 2024! Building on the success of last year’s inaugural campaign, we strive to make this year’s awards even better. Our team are looking forward to delving deeper into the corporate world of the Middle East, recognising the top CEOs and business leaders driving innovation across the region.
Visit our awards here Our awards
MEA Business Awards
MEA Markets is excited to announce that the prestigious MEA Business Awards will be returning to our platform once again in 2024! This ever-popular programme is now entering its eighth consecutive year, and with each iteration we strive to make the latest version even better than the last!
Visit our awards here Our awards
UAE Business Awards
MEA Markets is delighted to announce the UAE Business Awards 2025. A distinguished celebration of the companies and entrepreneurs propelling the United Arab Emirates to the forefront of global commerce, innovation, and excellence. Now in the award’s ninth year, the UAE Business Awards will once again reflect on the region’s incredible achievements and look ahead to its bright and ambitious future.
Visit our awards here
