IHS Towers currently operates a significant portfolio of telecommunication towers in Nigeria, owning around 16,000 towers…
Category: ICT
Senegal’s Government Demands More Affordable Telecom Rates
The Senegalese government is actively pursuing the goal of universal access to telecommunication services for its…
MTN Group Divests Guinea-Bissau Subsidiary to Telecel
MTN Group, Africa’s leading telecommunications company by subscriber count, has successfully completed the sale of its…
Maroc Telecom Invests $326.1 Million in Network Expansion During First Half of 2024
Maroc Telecom, a prominent telecommunications provider, operates in ten African markets beyond its home country of…
Jumia Narrows Losses to $19 Million Amidst Currency Challenges
Jumia, one of Africa’s leading e-commerce companies, has made significant strides in the second quarter of…
MTN Nigeria Reports $314 Million Loss in First Half of 2024 Amid Inflation and Naira Depreciation
For several months, Nigerian telecom operators have been vocal about the adverse effects of the national…
Jumia Appoints Former PalmPay Executive to Lead Nigerian Fintech Subsidiary
E-commerce giant Jumia has named Anthony Mbagwu as the managing director of its Nigerian fintech arm,…
Cartona Raises $8.1M in Series A Extension to Fuel E-commerce Growth in Egypt
Egyptian e-commerce startup Cartona has raised $8.1 million in a combination of debt and equity as…
MTN Benin Secures Loan to Enhance Infrastructure and Roll Out 5G
Telecommunications operator MTN has secured a loan of 65 billion FCFA (over 107 million USD) to…
Guinea Plans Fiber Optic Interconnection with Sierra Leone
The Guinean government is actively pursuing initiatives to enhance the national digital infrastructure and address the…
Togo: Moov Africa Fined $2 Million for Service Disruptions
Moov Africa has frequently faced scrutiny from Togo’s telecoms regulator, ARCEP, for failing to meet obligations…