Cytonn Investments has released their annual Cytonn Corporate Governance Report – 2018, “Cytonn CGR”, which demonstrated that firms with higher levels of corporate governance outperformed those with lower levels of corporate governance.
Leading pan-African telecoms group Liquid Telecom has appointed Wellington Makamure as the new Regional CEO of Southern Africa, placing him in charge of four key markets in the region.
Pan-African telecoms group Liquid Telecom has appointed Adil Youssefi as the new Regional CEO of East Africa, where he will oversee five key markets in the region.
Airtel Nigeria, leading telecommunications services provider, has announced a strategic partnership with Coverage Broadband, a subsidiary of Phase 3 Telecom, to launch 3flix mobile TV service in Nigeria.
The possibility of free trade within Africa is an ongoing one, to which several African countries have pledged their support and signed their agreements. Though Nigeria has shown caution in joining The Agreement, its one champion is Aliko Dangote, Nigerian industrialist and wealthiest African.
Kenya’s postal service provider the Kenya Postal Corporation of Kenya is eyeing a deal with American e-commerce company Amazon that will see it become their official logistics in the country.
Growth in the Middle East and North Africa (MENA) region is projected to rebound to an average of 2% in 2018, up from an average 1.4% in 2017 according to a new World Bank report.
The Central Bank of Nigeria has asked the court not to grant an injunction that will stop the MTN Group from transferring the disputed $8.1bn back to the country, and wants the company to pay 15 per cent annualised interest on the sum until judgment is given, and 10 per cent from then until the whole amount is paid.
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.
Colin E. MUKETE, Chairman of the Board of Directors of MTN Cameroon, has announced on behalf of the Board, the appointment of Mr. Hendrik KASTEEL to the position of Chief Executive Officer of MTN Cameroon, effective 17 September 2018.
Cross-network mobile money transfer between Safaricom and Telkom went live in Kenya on Thursday. This came as the country’s main telcos come together to roll out mobile money transfer interoperability that commenced in March this year.
Orange says its mobile money solution is also now available in 17 countries reaching more than $30 billion in transactions in 2017.
Kenya telecommunication company Safaricom has partnered with the Kenya Alliance of Residents Association to increase security in member estates with pilot surveillance project launched in Ngei Estate phase 2, Langata.
Kenya’s telecommunication company Safaricom has been recognized as a Global Compact LEAD company for its ongoing commitment to the United Nations Global Compact and its Ten Principles for responsible business.
MTN Uganda in partnership with Mastercard and United Bank for Africa have announced a new service that will enable quicker, safer and more convenient online payments globally.
The renewed partnership between Astria Learning, a global e-learning solutions provider and Zambia’s telecommunications company, MTN Zambia has seen a larger percentage of Zambia’s economically challenged young adults obtain a college level education online.
Communication Authority of Kenya has directed mobile operators switch off all unregistered SIM cards on their networks with immediate effect.
This week, the ever aggressive South African business world has seen two major companies, Vivo energy and Naspers all set to list on Johannesburg Stock Exchange (JSE).
Mergers, expansions, partnerships, taxation controversy and delays at major installations have dominated Kenya’s headlines this week.
Vodacom Eastern Cape region has embarked on a crucial network investment drive in that province and has already invested R300 million, about $21 million, over the past three years to ramp up network investment in deep rural areas of the Eastern Cape.
The Legatum Center for Development and Entrepreneurship at MIT, has named South African startup Wala as the grand prize winner of the 2018 Zambezi Prize for Innovation in Financial Inclusion, as well as the regional winner of the MIT Inclusive Innovation Challenge.
Safaricom has received Tier III Design Certification from Uptime Institute for the Thika Data Center, thus joining elite data centers in the world to be certified by the leading Data Center Authority.
Tanzania’s digital lifestyle company Tigo, has heightened the availability of ultra-fast digital experience for data customers in the country with the launch of 4G+ network.
Telecom Egypt has announced the conclusion of the acquisition of Middle East and North Africa Submarine Cable, MENA Cable, from Orascom Investment Holding.
Global telecommunication firm VueTel has announced it that plans to continue its $1.2 million investment to expand its wholesale voice and data services to help U.S. companies better connect with African countries.
Telecommunication company Orange and MainOne Cable Company have signed an agreement allowing for a major investment by Orange in the West Africa submarine cable system, MainOne.
ADvTECH has announced the acquisition of Monash South Africa (MSA), a leading South African private tertiary education institution with students from more than 50 countries.
The leading mobile network operator, Vodacom Tanzania has signed a partnership deal with Google to give customers the option to pay for content on the Google Play Store using Vodacom Airtime balance.
Comsol Networks, a leading provider of enterprise-grade wireless infrastructure, and Samsung South Africa have lit up Vilakazi Street in Soweto with a live 5G pilot network.
Opera and Worldreader, the global nonprofit that believes everyone can be a reader, announced on the International Literacy Day that African mobile users have spent more than 4 millions hours of reading books on their mobile phones in 2018.
Vodacom region has announced that it has invested over a quarter of a billion rands on capital expenditure over the past two years, targeted primarily at expanding its 3G and 4G footprint.
Safaricom has announced improvement of data experience for customers and will in the next few months announce new data packages in line with their needs.
Vodacom has announced that it has invested over R270 million, approximately $17 million on capital expenditure over the past two years, targeted primarily at expanding its 3G and 4G footprint.
A Study carried out on more than 1000 entrepreneurs in South Africa revealed that entrepreneurship in South Africa is not thriving, despite the fact that South Africa is one of Africa's strongest economies.
In a bid to cater for the growing demand for data, Telkom Kenya has unveiled 200 new 4G sites within Nairobi and its environs.
The Kenya Red Cross Society has partnered with Safaricom to introduce an SMS based information tool to provide timely early warnings for disasters and lessen the adverse effects on communities.
MTN Business Kenya has appointed Festus Kiragu as its acting managing director following the departure of Kennedy Chinganya mid-last month.
Safaricom has announced new security measures to address the issue of SIM swap fraud.
Communications Authority of Kenya, (CA) has launched a new system to measure quality of services provided to consumers on mobile telephony networks.
Cell C has released its interim results for the period ended 30 June 2018, signaling how South Africa’s third largest telecommunications service provider is on track to deliver substantial growth through its strategic initiatives.
Vodacom Group has announced that it has created Africa’s first standards-based, commercial 5G service in Lesotho.
Efforts by the Nigerian Stock Exchange (NSE), to woo multinational companies in the telecoms, and oil and gas sectors to list on the nation’s bourse may continue to ‘hit a brick wall’.
Global telecom tower infrastructure company Helios Towers has invested in upgrading and building backbone sites covering 1,800km in the Democratic Republic of Congo.
The mobile industry is changing at an exponential rate as new influences shape the way consumer expectations rise.
DigiFarm has emerged top of the Shared Value Category in the just concluded Loeries Awards in Durban, South Africa.
Global music and video streaming platform, TIDAL and Uganda ‘communications operator in offering mobile & fixed telecommunications, MTN Uganda, have announced a first-of-its kind collaboration.
The Director of Criminal Investigations George Kinoti in Kenya has assured the public that the fight against Sim Swap fraud is on course.
Safaricom has opened a new retail shop in Busia, Kenya. The new shop is an addition to the retail centers in the Greater Western region.
Telecom Egypt has announced that its consolidated results slipped 18.2 percent during the first half of 2018, recording LE 2.06 billion, compared to LE 2.52 billion during the same period of 2017.
Kenya’s Mr. John Omo has been elected the new Secretary General of the African Telecommunications Union (ATU).
Telecommunication company Safaricom has opened a new retail shop in Busia to cater for the high demand in the Western Region as part of retail expansion strategy to meet customer needs.
Telkom has announced the going live of 200 new 4G sites in Nairobi and its environs to cater for the growing demand on data.
Each year counterfeit goods cost the Kenyan economy $300 million in a well-oiled illicit trade that has not only taken away the citizen’s right to quality and genuine products, but put their lives at risk by infiltrating their markets with substandard goods.
Zambia expects to raise $22 million annually in new tax on internet phone calls. The cabinet approved on Monday, a 30 ngwee (0.3 kwacha; $0.03) daily tariff charged on online phone calls.
Safaricom, Kenya’s largest telecommunication service provider is in the process of developing a framework that will deal with the sim card swap fraud.
Telecom Egypt has announced its quarter two 2018 financial results ending 30 June 2018 with a strong operational performance indicating the success of its long-term investment strategy.
Mobile phones have become pivotal platforms for digital and financial inclusion, in particular for millions of people in underserved communities, complementing efforts of governments and private sector partners.
Digital money transfer service WorldRemit has signed a new partnership with Safaricom to enable instant cross-border money transfer to M-PESA accounts in Kenya.
Telecom Egypt and Etisalat Misr have signed a memorandum of understanding (MoU) to provide the latter with virtual fixed voice services.
Airtel Kenya has reduced its on-net and off-net calls charges by 50 percent as it seeks to sign up up more subscribers.
This has been perhaps one of the busiest weeks for African startups seeking funding to improve the operations or products.
Safaricom Foundation’s Wezesha programme has partnered with Generation Kenya to equip unemployed youth aged 18-35 with the knowledge, skills and tools required to succeed in a job.
Bharti Airtel and Telecom Egypt have announced a strategic partnership, where Airtel will get IRUs (Indefeasible Right of Use) on Middle East North Africa Submarine Cable (MENA Cable) and TE North Cable Systems.
As part of its accelerated rural coverage programme, Vodacom has announced that it will launch over 200 new rural network sites across all nine provinces in the year ahead
Telcos in Rwanda are seeking mobile money interoperability approval from the relevant regulator in the country.
Kenyan Mobile Consumer Feedback Company mSurvey has announced a new partnership with Safaricom’s M-Pesa.
Liquid Telecom has delivered the first Microsoft ExpressRoute service peering in Africa – offering customers better performance, tighter security and lower latency.
South Korea's largest telecommunications company, completed a new digital system for national identification in Tanzania, marking major progress for the company in Africa as KT continues to tap into new business opportunities throughout the continent.
Cash-strapped K2 Telecom subscribers will be absorbed by Airtel Uganda, offering a lifeline to the Buganda Kingdom-owned telco two months after it was shut down for failure to pay taxes.
Telecommunications operator, Telkom, and Loon, a subsidiary of Alphabet, have announced the signing of a definitive agreement to pilot an innovative new 4G/LTE access network service in Kenya.
The board of directors of Ethiopia's lone telecom company, Ethio Telecom, appointed new CEO, Frehiwot Tamiru, replacing Andualem Admassie, who served for five years.
The Econet Group and Telecom Egypt have signed a memorandum of understanding that will enable Econet’s Liquid Telecom unit to complete a terrestrial fibre optic network stretching all the way from Cape Town in South Africa to Cairo.
Two leading independent analyst groups have confirmed that Vodacom has South Africa’s fastest 4G network and overall fastest network, respectively.
Polar Power, Inc., a global provider of prime, backup and solar hybrid DC power solutions, has entered the wireless infrastructure market in Namibia.
Telecom Egypt and Orange Egypt have announced the signing of a renewal of their international telecom services agreement, first signed in January 2015 for a period of four years.
MTN Nigeria’s bid to be listed on the Nigerian stock exchange has been approved to go ahead after weeks of delay by Nigeria’s Securities and Exchange Commission (SEC).
The International Services arm of TIM Group, and Tunisie Telecom have announced the upgrade of Tunisie Telecom’s international IP transit connectivity.
Known for its aggressive approach in selling its economic sectors, Kenya has this week been on a charm offensive, as both public and private players step up efforts to win investors and grow businesses.
Telecom Egypt and Etisalat Misr have signed an amendment of the national roaming agreement sealed in June 2017. The amendment provides better financial and service quality terms availing improved commercial conditions for Telecom Egypt.
Liquid Telecom has partnered with AfriLabs, the largest network organisation of 100 innovation centres across 30 African countries, to explore new ways to support local start-ups and promote sustainable innovation across Africa.
Vodafone Ghana has indicated it would be able to list on the Ghana Stock Exchange (GSE) after dealing with some debt restructuring issues with the government.
Cell C is pleased to announce the appointment of Junaid Munshi as Chief Commercial Officer, effective 2 July 2018.
Vodacom, in partnership with Microsoft today introduced Microsoft Azure products to its Cape Town customers.
Telkom Kenya has repositioned its Telkom Enterprise Division promising to enhance Kenya’s business growth.
The recent announcement of the Ethiopian government to sell share of the state monopoly Ethio Telecom includes liberalization of the sector, says Prime Minister of Ethiopia.
Kenyan telecommunication company Safaricom has launched a loyalty promotion that seeks to reward all M-PESA customers and agents.
Kenya ICT Cabinet Secretary Mr. Joe Mucheru has called for tough measures on enforcement of SIM card registration within the East African Community.
Ethiopia is opening the state-owned telecommunications company and airline to foreign investors for the first time.
Vodacom Group, its existing BEE partners and a newly formed staff scheme have announced a broad-based BEE transaction of up to R17.5 billion.
The forming and maintaining of strategic, mutually beneficial partnerships is pertinent to the development of any economy, especially a growing one like Nigeria.
Safaricom has launched data bundles, dubbed Giga Football Passes, to enable customers to stream all the World Cup matches on Kwesé iflix on-the-go on their smartphones.
The country's mobile telephony sector will become more competed, with the entry of a third operator in the market.
The growth in telecommunications subscriptions that started since January this year took an impressive turn as Nigerians activated 11.2 million lines on the GSM networks in April.
Econet Media's dynamic content business, Kwesé TV, has launched in Liberia.
MTN announces the signature of a Memorandum of Understanding with the Ministry of Secondary Education for the use of its Mobile Money solution for the payment of school fees and related charges in Cameroonian secondary schools.
Thousands of MTN employees in 21 markets across Africa and the Middle East have launched the company’s annual employee volunteerism programme,
At first glance, one cannot help but notice that Nigeria is prime ground for investment. Any doubts as to that fact are dissolved when you examine the sheer number of startups being funded, especially in the ICT sector.
As Kenya now fully recovers from a grueling election that took a toll on its economy, key sectors are experienced renewed resurgence and the business climate is promising.
The Regional Communications Infrastructure Program aims to transform public service delivery using ICT to improve the lives of Ugandans
Mastercard and Tigo have announced that Tanzanian’s can now use their Tigo Pesa app to make quick, easy and secure payments with Masterpass QR.