The International Finance Corporation (IFC) signed a new cooperation agreement with Vodafone M-PESA Mozambique. The agreement aims to explore opportunities for expanding Vodafone's mobile payment services into rural areas, benefiting small-scale farmers.

Read more: Vodafone M-PESA Mozambique and IFC Collaborate on Digitalization

In an exciting development, Etisalat Egypt has teamed up with Viu, a prominent streaming platform, to deliver an unparalleled entertainment experience to its customers in Egypt. This exclusive collaboration is set to elevate the entertainment landscape, offering a diverse array of content in Arabic, English, Turkish, and Korean.

Read more: Etisalat Egypt to Transform Entertainment Landscape in Egypt

Consolidated revenue surged by 28% year-over-year, hitting EGP 56.7 billion. This growth was led by a substantial 18% year-over-year growth in data, with infrastructure, IDD, and cable projects also contributing significantly with growth rates of 27%, 76%, and 64%, respectively. The customer base for fixed voice and broadband expanded by 8% and 9% year-over-year, respectively, while the mobile customer base remained stable. EBITDA saw a remarkable 30% year-over-year increase, achieving a robust 40% margin at EGP 22.7 billion, slightly surpassing management's expectations.

Read more: FY 2023 Outcomes: "WE" Converts Obstacles into Prospects and Elevates Performance

Etisalat by e& - Egypt announced a collaboration with AWS during the Mobile World Congress 2024 in Barcelona, Spain. The partnership aligns with Etisalat Egypt’s strategy to offer cloud services using cutting-edge technologies, aiming to enhance data transfer speeds, storage capacity, and operational efficiency for businesses and individuals across various sectors.

Read more: Etisalat Egypt Teams up with AWS to Speed up Cloud Technology Adoption

MTN South Africa has collaborated with the Gauteng Provincial Community Police Board to address the escalating issue of theft and vandalism of cellphone tower infrastructure nationwide. This partnership aims to empower Community Policing Forums to combat such crimes, particularly the theft of batteries and cables from cell towers in various regions of South Africa.

Read more: MTN SA Fights Network Theft & Vandalism

In a significant stride towards enhancing telecommunications infrastructure across Africa, Telecom Egypt, a prominent telecommunications firm, has partnered with Huawei to lead the way in innovative technologies. These initiatives include pioneering Africa's inaugural DWDM 1.2Tbps single-channel lab test, preparing for 5G implementation, and successfully concluding the continent's first 50G PON trial.

Read more: Telecom Egypt and Huawei Revolutionize Telecommunications Infrastructure Across Africa

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