Orange, a major telecoms provider in Africa and the Middle East, and NSIA, a leader of bancassurance, are pleased to announce the launch of Orange Bank Africa in Abidjan and Côte d’Ivoire. Orange Bank Africa, headed by Jean-Louis Menann-Kouamé, will offer clients a range of simple savings and credit services available at all times via mobile phone.
Telecom Operators
Telkom grows mobile business, improves free cash flow three-fold
Telkom has delivered a solid top-line performance in the year to 31 March 2020, with revenue increasing 3.0% to R43.0 billion, mainly driven by a 54.4% increase in mobile service revenue in a year where South Africa slipped into a technical recession and consumer and business confidence waned. The performance was underpinned by capital investments of R7.8 billion in the period.
First standalone 5G network launched in Africa
rain, South Africa’s data-only mobile network launched its first Standalone 5G network in the country. Powered by Huawei, this is the first commercial standalone 5G network in Africa, and among a few networks of its kind globally.
Telecom Egypt revenue rises 15% in Q1
Telecom Egypt's consolidated revenue rose 15 percent year on year in the first quarter to 31 March to EGP 7 billion from EGP 6.09 billion in Q1 2019.
Orange Guinea Sonatel to digitize its fixed broadband services
Strengthening its telecommunications business in the western African region, Orange Guinea Sonatel is set to digitize its fixed broadband (FTTH) services by migrating to digital enablement and revenue management solutions provider Alepo’s Authentication, Authorization, and Accounting (AAA) platform.
Telecom Egypt, Etisalat Misr consolidate their partnership with new agreement
In light of their ongoing strategic partnership, Telecom Egypt and Etisalat Misr signed two first of their kind agreements relating to transmission and mobile-to-fixed interconnection. The first agreement entails a development of Telecom Egypt's transmission and infrastructure services’ commercial model with Etisalat Misr, where Etisalat Misr for the first time signs a long-term agreement including an annual commitment for Telecom Egypt’s infrastructure and transmission services.
MTN rolls out 5G in South Africa
Communications service provider MTN has gone live with Ericsson-powered commercial 5G in the South African cities of Bloemfontein and Port Elizabeth.
Angola picks fourth telecoms operator
Angola awarded the license for its fourth telecoms network to Lebanese group Africell, as sub-Saharan Africa's second-biggest oil producer opens other economic sectors to foreign competition. Africell is already present in four African countries - Gambia, Democratic Republic of Congo, Sierra Leone and Uganda.
MTN Group achieves new milestone
Access to the internet has the power to change lives and bridge inequalities and MTN Group reached a significant milestone by recording 100 million active data users on its networks across Africa and the Middle East.
Sparkle expands its reach in North Africa
Sparkle, the first international service provider in Italy and among the top ten global operators, announces the opening of a new Point of Presence (PoP) in Casablanca, Morocco.