M-Pesa, Africa's largest financial technology (fintech) platform, has gained 1.2 million members in Ethiopia within the first two months of launching its mobile money service. The telecommunications company confirmed this achievement in its 2023/2024 half-year results announcement.

Read more: M-Pesa Exceeds One Million Users in Ethiopia

TelOne, a Zimbabwean telecommunications company, recently invested $2.4 million in upgrading its broadband network. This upgrade has allowed for increased capacity and reduced connectivity latency. Despite facing challenges from legacy loans and network vandalism affecting 30,000 subscribers, TelOne continues to invest in its network expansion. Lawrence Nkala, the newly appointed CEO, mentioned that the company has invested over $20 million in the network over the past two years. This recent upgrade optimized traffic management and routing processes, specifically in the fiber and ADSL categories. The government-owned telco is also working on developing its metro network, although cash shortages may pose a challenge.

Read more: TelOne Boosts Broadband Network in Zimbabwe

Several devolved counties in Kenya, including Bomet, Busia, Isiolo, Kitui, Mandera, Migori, and Tharaka-Nithi, have recently gained access to internet connectivity. This expansion joins the ranks of counties like Nairobi, Mombasa, Uasin Gishu, and Nakuru, which were already connected.

Read more: Safaricom Brings 5G to New Kenyan Areas

Safaricom has introduced “Safaricom Hook,” a new initiative aimed at empowering the youth of Kenya in the field of technology. Peter Ndegwa, CEO, emphasized the company's commitment to establishing a strong bond with the youth, recognizing their distinct and specific needs.

Read more: Safaricom Launches New Invention for Youth in Tech

The Egyptian telecommunications company "WE," Egypt's first integrated operator of communication and information technology services, has signed a cooperation protocol with Prime Real Estate Development Company. This partnership aims to provide integrated communication services and smart systems for their diverse real estate projects in the market.

Read more: “WE” Expands Its Smart Real Estate Telecommunication Services

Celtiis, a mobile operator and a subsidiary of ‘Société Béninoise d'Infrastructures Numériques’ (SBIN), has partnered with the German technology firm Oculeus to enhance its wholesale operations. Through the implementation of Oculeus' billing, routing, and wholesale solution, Celtiis will significantly bolster its ability to manage wholesale operations and its network of interconnection partners for voice and messaging services.

Read more: Celtiis Partners with Oculeus to Enhance Wholesale Operations

The Communications Regulatory Authority of Namibia (CRAN) has granted three 5G licenses through the sale of spectrum in the 700MHz and 800MHz bands. The auction generated around NAD28.6 million (US$1.47 million). Mobile providers MTC (Mobile Telecommunications Company) and TN (Telecom Namibia) secured licenses, along with local ISP Loc8 Mobile.

Read more: 5G Licenses Awarded to MTC, Telecom Namibia, and Loc8 Mobile

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