/ 13 February 2001

AFRICA ONLINE GAINS MIDEAST FOOTHOLD

THE Internet and e-mail provider Africa Online – which serves Kenya, Zimbabwe and six other African countries – has bought the Egyptian ISP MenaNet Communications SAE for $8.7m, giving it a foothold in the Middle East and North Africa. Under the deal, MenaNet will become a fully-owned subsidiary of Africa Online, which will use its brand name for delivering services to sub-Saharan countries and that of MenaNet to the Middle East. – AFP

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