FeaturedFintechSouth African fintech Jumo raises $55 million in Goldman-led fundingInternational FinanceFebruary 27, 2020March 18, 2020 by International FinanceFebruary 27, 2020March 18, 2020 The proceeds of the funding will be used to expand its operations into new markets and launch new products... Read more
FeaturedTelecomUAE telco du deploys first live millimetre wave 5G site at Yas IslandPritam BordoloiFebruary 27, 2020February 27, 2020 by Pritam BordoloiFebruary 27, 2020February 27, 2020 The site will provide ultra-high mobile broadband speeds of up to 2.1Gbps using a 26GHz frequency... Read more
FeaturedTechnologyUAE-based telco Etisalat acquires German cybersecurity firm Help AGPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020 Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats... Read more
BankingFeaturedAxiata in talks with 11 parties for digital banking licence in MalaysiaPritam BordoloiFebruary 24, 2020February 24, 2020 by Pritam BordoloiFebruary 24, 2020February 24, 2020 The digital bank could go online by mid-2021... Read more
FeaturedTelecomSafaricom might award contract to Huawei for its 5G rollout this yearInternational FinanceFebruary 21, 2020March 18, 2020 by International FinanceFebruary 21, 2020March 18, 2020 Safaricom involving Huawei in its 5G network could hinder talks on a free trade agreement between the US and Kenya... Read more
FeaturedTelecomWarburg Pincus to fuel digital telco Circles.Life’s expansion planPritam BordoloiFebruary 12, 2020February 12, 2020 by Pritam BordoloiFebruary 12, 2020February 12, 2020 Circles.Life will enter markets in Asia-Pacific and the Middle East... Read more
FeaturedTelecomUAE records 23.64 mn telecom subscribers in 2019Pritam BordoloiFebruary 10, 2020February 10, 2020 by Pritam BordoloiFebruary 10, 2020February 10, 2020 The number of mobile phone subscribers reached around 18,278,817... 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
FeaturedTechnologyZTE and MTN Uganda unveil the first 5G standalone network in East AfricaInternational FinanceJanuary 31, 2020March 18, 2020 by International FinanceJanuary 31, 2020March 18, 2020 The Chinese multinational telecom equipment giant has emerged as a vital provider of end-to-end services in the ICT sector... Read more
FeaturedTelecomSaudi Telecom to buy 55% stake in Vodafone’s Egypt unitPritam BordoloiJanuary 30, 2020 by Pritam BordoloiJanuary 30, 2020 The Saudi Telecom deal for Vodafone Egypt is expected to cost around $2.4 bn... Read more