Ambani is all set to enter telecom business in Africa, but there’s a problem

Reliance Industries’s 5G venture in Ghana looks like a promising step in boosting the West African country’s telecom ambitions. However, the debt-laden nation’s opposition is not convinced.

5 June, 20241 min
0
Ambani is all set to enter telecom business in Africa, but there’s a problem

You may also like

Business
Story image

Bajaj Housing Finance could use a dose of risk

The NBFC’s stock has fizzled a fair bit since its dream debut despite doing all the right things. Competition, circumstances and conservatism are ailing it.

Business
Story image

Reliance’s battery plans run into a China wall

Mukesh Ambani’s $10-billion bet faces a harsh reality: much of the clean-energy stack still sits overwhelmingly in Chinese hands.

Business
Story image

The hidden debt behind rural India’s ‘prosperity’

How well rural consumption is doing is subjective. What isn’t subjective is how growing indebtedness, combined with stagnant income growth, is creating a tinderbox for households, banks and consumer companies that no one is talking about.