Safaricom to diversify into energy, to supply power to the national grid
The telco could supply power to the national grid from solar and wind power plants at its base stations...
Tag : Africa
2020: Coronvairus to see African airlines lose $40 mn in revenue
Many African airlines such as EgyptAir, RwandAir and Kenya Airways have suspended flights to China...
MTN subscriber base reaches 64.3 mn in 2019
Active subscribers also rose to 25.2 million, representing a 34.9% increase from 2018...
South Africa’s King Price buys Stangen, targets life insurance
King Price bought Stangen from African Phoenix Investments for R140 mn...
MTN Nigeria adds 108,000 agents to its mobile money network
The network served one million customers in its first four months...
Kenya Airways names its subsidiary Jumbojet’s head as new CEO
Allan Kilavuka was serving as the acting chief executive since the post became vacant...
Egyptian logistics startup Bosta secures funding from DPDgroup
The funding will be used to position Bosta as a leader in the industry...
Egypt’s National Bank joins Ripple’s blockchain for faster remittances
The National Bank of Egypt signed an agreement to use Ripple’s global blockchain platform called RippleNet...
Qatar Airways mulls buying 49% stake in RwandaAir
The carrier also wants to double its interest in LATAM Airlines Group to 20%...
MTN to invest $1.6 bn in Nigeria to boost connectivity
This follows the Nigerian government’s decision to drop charges against MTN Group for alleged unpaid taxes worth $2 bn...