Mastercard has successfully finalized the acquisition of a minority stake in the fintech arm of MTN Group, a leading mobile operator.
Telecom Operators
Telecom Egypt Makes History with Egypt's First 5G License
The National Telecommunications Regulatory Authority (NTRA) has granted Telecom Egypt the country’s first license to install and operate 5G networks for mobile phones for USD 150 Million. The 5G license will be valid for 15 years.
Telecom Namibia Upgrades BSS With Qvantel's Digital Platform
Qvantel, a leader in Digital BSS, announced that it has been awarded a contract by multinational technology company SATEC Group to provide Qvantel Flex BSS to Telecom Namibia to support its digital transformation strategy.
Vodafone and Microsoft Unite for 10-Year Partnership
Vodafone and Microsoft have entered into a strategic partnership with a 10-year duration, aiming to delve deeper into generative AI, digital services, and cloud solutions. This collaboration, outlined by Vodafone, is anticipated to significantly enhance services for more than 300 million businesses, public sector organizations, and consumers spanning Europe and Africa.
MTN SA Fights Network Theft & Vandalism
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.
Safaricom's Spark Accelerator Opens Doors for Tech Innovations
Safaricom, M-PESA Africa, and Sumitomo Corporation have extended an invitation to early-stage tech startups to participate in the ‘Spark Accelerator program.’ This initiative is designed to accelerate the growth and scalability of these startups through a comprehensive three-month accelerator program. The program will offer training, mentorship, funding, and go-to-market support, positioning the participating ventures for long-term success.
Ethio Telecom Expands 5G Coverage to Dire Dawa
Ethio Telecom, the public telecommunications company, launched its 5G mobile services in Dire Dawa, Ethiopia's second-largest city by population.
MTN and Ericsson Join Forces for Financial Empowerment in Africa
MTN Group and Ericsson have strengthened their partnership to enhance mobile financial services and to financially empower millions of citizens across Africa. The partnership is set to broaden the scope of financial inclusion from first-time users to high-end business applications, utilizing MTN’s Mobile Money (MoMo) service on the Ericsson Wallet Platform.
Safaricom Enhances Travel Experience with MPESA Payment Integration
Safaricom Telecommunications Ethiopia PLC has partnered strategically with Ethiopian Airlines, the national flag carrier, to integrate MPESA into the airline's fly gate payment system.
Anwar Soussa Ascends to Regional Operations Director Position
In a strategic move to bolster its leadership team, Airtel Africa has announced the appointment of Anwar Soussa as the Regional Operations Director for Franco Markets. Soussa brings a wealth of experience and expertise to his new role, where he will play a pivotal role in driving operational excellence and overseeing Airtel's operations in the French-speaking markets.