FeaturedTelecomSafaricom to bid for Ethiopia’s two telecom licencesInternational Finance Business DeskJune 29, 2020June 30, 2020 by International Finance Business DeskJune 29, 2020June 30, 2020 Ethiopia's telecommunication authority is planning to award the two licences to multinational mobile companies to end the monopoly in the country... Read more
FeaturedTelecomMTN Group announces R250 mn relief package to fight Covid-19International Finance Business DeskApril 15, 2020 by International Finance Business DeskApril 15, 2020 The telco also plans to raise R40 mn for a global staff emergency fund... Read more
FeaturedTelecomMTN’s Nigeria stake sale is slowed by coronavirusInternational Finance Business DeskApril 1, 2020April 1, 2020 by International Finance Business DeskApril 1, 2020April 1, 2020 MTN Group currently holds a 79% stake in its Nigerian unit... Read more
FeaturedFintechAfrica uses mobile money to curb the spread of the coronavirusInternational Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020 Safaricom removed all fees from its mobile-money platform, M-Pesa... Read more
FeaturedTelecomData falls: Vodacom to cut data price by 30% as part of social contractInternational FinanceMarch 11, 2020March 18, 2020 by International FinanceMarch 11, 2020March 18, 2020 The Competition Commission has ordered the telecom giant to revise pricing on internet connectivity in South Africa... Read more
FeaturedTelecomMTN subscriber base reaches 64.3 mn in 2019Pritam BordoloiMarch 4, 2020 by Pritam BordoloiMarch 4, 2020 Active subscribers also rose to 25.2 million, representing a 34.9% increase from 2018... Read more
FeaturedFintechMTN Nigeria adds 108,000 agents to its mobile money networkPritam BordoloiMarch 2, 2020 by Pritam BordoloiMarch 2, 2020 The network served one million customers in its first four months... Read more
FeaturedTelecomMTN to invest $1.6 bn in Nigeria to boost connectivityPritam BordoloiFebruary 3, 2020February 3, 2020 by Pritam BordoloiFebruary 3, 2020February 3, 2020 This follows the Nigerian government’s decision to drop charges against MTN Group for alleged unpaid taxes worth $2 bn... Read more
TelecomMTN Nigeria achieves R14 billion in assets salesInternational FinanceJanuary 9, 2020January 13, 2020 by International FinanceJanuary 9, 2020January 13, 2020 MTN Nigeria’s Asset Realisation Programme was launched in March last year to help with the disposal of assets... Read more
FintechNigerian fintech Migo raises $20 mn for Brazil expansionPritam BordoloiDecember 4, 2019 by Pritam BordoloiDecember 4, 2019 Investors participating in the funding round include Valor Capital, the Rise Fund and Velocity Capital... Read more