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Market: AIM
Sector: General Financial
EPIC: CMB
Latest Price: 0.00p  (0,00%)
52-week High: 25.25p
52-week Low: 15.50p
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Cambria Africa plc
www.cambriaafrica.com

 

Cambria Africa plc is a long term, active investment company, building a portfolio of investments primarily in Zimbabwe.  

The name of the Company is inspired by the Cambrian period in the earth's development, also referred to as the "Cambrian explosion".

It represents an anticipated period of rapid development and a promising new era for the Company, its shareholders and employees – alongside the current economic renaissance of Zimbabwe.

It has been listed on the AIM market of the London Stock Exchange since 2007.  Until February 2012 the Company was known as LonZim plc.

 

Pdf

LonZim’s African telecoms business signs up two new operators

6th Oct 2010, 9:50 am LonZim's 51%-owned telecoms business now has acces to around 42 million potential subscribers in Africa

LonZim’s (LON:LZM) 51%-owned telecoms business ForgetMeNot Africa (FMNA) has signed new deals with Globacom and Essar Telecom in Nigeria and Kenya, respectively.

Through two separate deals FMNA will provide its mobile messaging platform to subscribers on Globacom’s ‘Nigeria Glo Mobile’ network and Essar Telecom’s ‘yu’ network in Kenya.

FMNA now has access to 42 million potential subscribers in Africa.

"We are extremely pleased with the progress FMNA is making,” LonZim chairman David Lenigas said.

“These two new partnerships make it five contracts for the use of FMNA's unique telecoms solution in four African nations in the last year.”

FMNA's messaging platform gives subscribers access to mobile email and online chat services, on first generation mobile phones.

FMNA chief operating officer Jeremy George emphasised that FMNA’s cloud computing approach ‘turns basic handsets into virtual messaging smartphones’.

"While internet access across Africa remains very low, mobile phones are the only way for the vast majority of Africans to ever access the Internet,” George said.

“As the mobile telecoms market in countries with limited internet access continues to grow, FMNA provides people across Africa with low-cost, pay-as-you-go and easy-to-use two-way mobile email and online chat.”

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