Telecom Egypt, the country's integrated telecom operator and a leading subsea cable operator in the region, signed an agreement with the Medusa Submarine Cable System. This collaboration aims to extend the reach of Medusa to the Red Sea. Anticipated to span an impressive 8,760 kilometers, the submarine cable is slated to make landfall in the Egyptian city of Port Said by the end of 2025. It will subsequently link up with the Red Sea landing stations in Suez, Zafarana and Ras Ghareb through Telecom Egypt's extensive terrestrial crossing network.

Read more: Telecom Egypt Facilitates Medusa Submarine Cable Link to Red Sea

The Ministry of Finance (MoF) in Egypt is currently considering selling an additional stake in Telecom Egypt, the local fixed-line telecommunications provider. The MoF is exploring the possibility of divesting between 10% and 15% of the company. It's important to mention that back in May 2023, the MoF had already sold a 9.5% stake in Telecom Egypt.

Read more: Finance Ministry Plans Further Telecom Egypt Stake Sale

In a bold step towards promoting gender diversity and inclusivity in boardrooms, Safaricom took a prominent role at The Women on Boards Network Kenya's (WOBN) 10th Annual Conference. Under the theme “Innovate Now! Inspire Always! Lead4ward!,” the event featured Peter Ndegwa, CEO of Safaricom, as the distinguished keynote speaker.

Read more: Safaricom Drives Gender Diversity and Innovation at WOBN Kenya

Ethio Telecom, a pioneering telecom service provider in Africa — a company at the forefront of supporting Ethiopia’s socio-economic development and playing a pivotal role in the nation's overall progress — has announced the official launch of commercial 5G services at 145 sites in Addis Ababa. This significant achievement builds on the earlier successful pre-commercial 5G mobile technology trial services in both Addis Ababa and Adama cities.

Read more: Ethio Telecom Introduces Commercial 5G Services

Vodacom Financial and Digital Lifestyle Services has partnered with Bidvest Bank to power the VodaPay Wallet. This collaboration enables millions of South African consumers to conduct transactions within VodaPay, a platform facilitating the transfer of money into digital wallets. The VodaPay Wallet allows users to deposit funds without incurring charges, send money, make purchases at retailers, order food and settle bills or traffic fines, all seamlessly integrated within the super app. Transactions with VodaPay occur instantly. Mariam Cassim, CEO of Vodacom Financial and Digital Lifestyle Services, emphasizes the significance of VodaPay in advancing financial inclusion and highlights the mobile wallet, powered by Bidvest Bank, as a cornerstone of their digital and financial inclusion strategy.

Read more: VodaPay Wallet Teams Up With Bidvest Bank

The MTN Foundation has launched the second edition of the MTN Women in Digital Business Challenge, offering R1 million (US$53,600) to support South African female-led digital businesses. The aim is to help women grow their tech ventures in the male-dominated ICT industry.

Read more: MTN Foundation Supports South African Women IT Entrepreneurs

MTN South Africa has unveiled a strategic alliance with Eseye, a prominent global Internet of Things (IoT) service provider. The objective of this collaboration is to initially implement Eseye's cutting-edge IoT solutions in South Africa, with intentions to later extend the service to 18 MTN-operated companies throughout Africa.

Read more: MTN South Africa to Expand IoT Solutions Across Africa

The Nigerian Communications Commission (NCC) has granted approval for the transfer of a 10 MHz spectrum within the 2.6 GHz spectrum range from OPENSKYS Services Limited (OS) to MTN Nigeria. This license will be eligible for renewal on April 16, 2033.

Read more: MTN Expands Spectrum to Drive Broadband Access in Nigeria

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