Vodafone Group Plc has completed the transfer of its 70% majority shares in Vodafone Ghana (Ghana Telecommunications Company Limited – GTCL) to the Telecel Group after successfully obtaining all the necessary regulatory approvals, including the agreement of the Government of Ghana as a minority shareholder. This is the most recent major change for the Ghanaian telecommunications company since 2008, when Vodafone Group Plc purchased a controlling interest in GTCL and established Vodafone Ghana.
Orange is considering stake sales for its African and Middle Eastern tower business. The French telecommunications company, which operates in 18 countries across the region, could also carve out the assets into units based on geography. Also, Orange is studying a range of options, including selling the towers by country, offloading the portfolio as a whole, sharing towers with other operators or holding an initial public offering, they said.
Telecom operator Safaricom is finalizing technical and commercial preparations for its M-Pesa digital payment service in the Ethiopian market, which is expected to be launched in the next financial year, which begins in April.
Orange and the German Development Cooperation inaugurated the 14th “Orange Digital Center (ODC)” in Sierra Leone, a digital ecosystem entirely dedicated to the development of digital skills and innovation. The inauguration was attended by government and regulatory authorities in Sierra Leone, the German Ambassador, members of the board of Orange Sierra Leone and Orange Foundation, representatives of Sonatel and Orange Middle East and Africa, and the executive committee members of Orange Sierra Leone, as well as the GIZ Country Director for Sierra Leone, Guinea and Liberia.
Orange, a major digital player in Europe, Africa, and the Middle East, has presented its strategic plan, Lead the future.
MTN Ghana has announced that data prices on its network will go up by an average of 15% due to increased operational costs, and customers will be updated on when the increases will happen.
MTN Group reaffirmed its commitment to Ghana, a market it has been invested in for over 25 years. Since beginning operations in the market, the business has been integral to the economy of Ghana, focusing on enabling connectivity, inclusivity and socio-economic transformation through digital technologies.
MTN Nigeria Communications Plc has announced audited financial results for the fiscal year ended December 31, 2022. Mobile subscribers increased by 10.5% to 75.6 million, adding 7.2 million subscribers. Active data subscribers increased by 15.3% to 39.5 million. Active fintech subscribers rose by 57.5% to 14.9 million, with 2.0 million active mobile money (MoMo) wallets since the launch of PSB. Also, service revenue was up by 21.5% to N2.0 trillion.
Ethiopia has raised the size of its planned Ethio Telecom stake sale up to 45% of the state-owned company from 40% previously, the ministry said.
In accordance with e&’s evolving corporate identity, leading tech-telco operator Etisalat Egypt by e& signed a financing agreement with Commercial International Bank (CIB) for EGP 4 billion to support Etisalat's ambitious expansion plans.
