Latest news with #DigitalInfrastructure
Zawya
11 hours ago
- Business
- Zawya
South Africa: Seacom appoints digital infrastructure East Africa and Middle East managing director
Seacom is pleased to announce that Kevin Kaburu has been appointed as the new Seacom Digital Infrastructure East Africa and Middle East managing director, effective 1 June 2025... Kevin Kaburu, newly appointed managing director of Digital Infrastructure East Africa and Middle East at Seacom Kaburu brings over 15 years of experience in the telecommunications and B2B technology sectors. He has a strong track record in infrastructure sales, strategic partnerships, and regional business expansion across sub-Saharan Africa. His leadership roles at China Mobile International and Wananchi Telecom have equipped him with deep expertise in building high-performing teams, driving revenue growth, and delivering complex infrastructure projects across the continent. "As we continue to grow our presence in East Africa and the Middle East, Kevin will focus on strengthening and expanding our Digital Infrastructure business, ensuring we deliver robust, scalable, and future-ready connectivity solutions to our clients," says Alpheus Mangale, Seacom Group chief executive officer. "With two synergistic divisions, Digital Infrastructure and Digital Services, Seacom is better positioned to serve our clients holistically, streamline operations, and accelerate our journey toward becoming Africa's premier digital transformation partner." Seacom Digital Infrastructure owns and operates one of Africa's largest networks of ICT infrastructure, including multiple subsea cables, a resilient, continent-wide IP-MPLS Network, and fibre networks in and across the continent. With a network spanning South Africa to Europe and Asia, Seacom empowers African businesses to connect seamlessly and securely to global markets. Seacom Digital Services provides end-to-end ICT solutions for enterprises, offering hosting and security combined with managed services capability, taking clients to the next level of digital transformation. Parag Patil will continue to lead and drive the Seacom Digital Services business in East Africa, focusing on delivering innovative cloud, security, and managed services that enable holistic digital transformation for our clients. "We look forward to Kevin's leadership impact on our digital infrastructure business and our Seacom Digital Infrastructure clients in East Africa and the Middle East," concludes Mangale.
Al Bawaba
27-05-2025
- Business
- Al Bawaba
DIB Signs USD 150 Million Murabaha Deal with Turkcell to Accelerate Türkiye's Tech Transformation
DIB, the world's first Islamic bank and the largest in the UAE, has signed a USD 150 million Murabaha financing agreement with Turkcell, Türkiye's leading telecommunications and technology services provider. The facility will support Turkcell's ongoing investments in digital infrastructure and further reinforces DIB's commitment to enabling growth in high-potential markets. As one of the most prominent Islamic financial institutions in the GCC, the Bank continues to foster cross-border partnerships that drive sustainable, innovation-led as a five-year bullet-term facility, the Sharia-compliant financing will enable Turkcell to advance critical infrastructure in areas such as data centres, cloud technologies, and renewable energy—further solidifying Turkcell's role as a leading force in Türkiye's evolving digital Adnan Chilwan, Group Chief Executive Officer of DIB, commented: 'At DIB, we have long believed that banking goes beyond funding, we drive transformation. This partnership with Turkcell is not merely about leveraging our balance sheet; it is about enabling the organisation to unleash its true potential. Türkiye represents a market with vision, scale, and ambition, an economy investing heavily in the infrastructure of tomorrow, and a natural partner in our cross-border strategy.'Dr. Chilwan added: 'As the UAE's largest Islamic bank, our role increasingly lies in establishing and shaping meaningful connections between geographies, sectors, and the players within. We see Islamic finance as a bridge, one that supports real economies while remaining true to the principles of ethical finance. With this facility, we are supporting a business that understands the future: digital, decentralised, and inclusive essentially, a future that DIB fully believes in.'The deal also strengthens financial and commercial connectivity between the UAE and Türkiye, while offering Turkcell increased access to Islamic financial mechanisms and structures—particularly as it accelerates investment into strategic and sustainability-linked Ali Taha Koç, Chief Executive Officer of Turkcell, said: 'As Türkiye advances towards a more digital and data-driven economy, our focus remains on building the infrastructure that supports this evolution. Partnering with a trusted institution like DIB, with its strong regional presence and deep-rooted values, brings both credibility and strategic alignment. This facility is not just timely— it lays a strong foundation for our growth journey in the years ahead.'The agreement was formalised at a high-level signing ceremony in Istanbul, attended by senior leadership from both organisations, led by Dr. Adnan Chilwan and Dr. Ali Taha Koç. This agreement reflects DIB's strategic approach to financing the sectors and institutions shaping the next phase of economic growth. With a clear focus on long-term value, the Bank continues to enable real-world impact by backing businesses that are building the digital, sustainable, and resilient foundations of tomorrow's economies.
