Mastercard Obtains Minority Stake in MTN Fintech Mastercard has successfully finalized the acquisition of a minority stake in the fintech arm of MTN Group, a leading mobile…
Nigeria Teams Up with World Bank for Broadband Boost The federal government of Nigeria has partnered with the World Bank to raise $3 billion to achieve nationwide fiber optic…
Safaricom Acquires M-Pesa Holdings from Vodafone Safaricom has announced the successful completion of its acquisition of M-Pesa Holding Company Limited from its parent company, Vodafone Group…
Kenya Welcomes Investment From Silicon Valley William Ruto, President of Kenya, has extended an invitation to American technology firms to establish manufacturing facilities and regional offices…
Finance Ministry Plans Further Telecom Egypt Stake Sale The Ministry of Finance (MoF) in Egypt is currently considering selling an additional stake in Telecom Egypt, the local fixed-line…
Bayobab Boldly Expands Across South Africa, Nigeria and Zambia Bayobab, a subsidiary of MTN Group, is rapidly expanding its operations across Africa, particularly in South Africa, Nigeria, Zambia and…
Telkom’s Tower Portfolio Sale Receives Timeframe Extension Telkom's timeline for finalizing the sale of its tower assets appears to have been extended beyond its initial deadline. In…
MTN and Mastercard Forge Fintech Partnership for Growth MTN has revealed that multinational payment processing company Mastercard is set to acquire a minority share in its fintech division.…
Airtel Kenya’s Network Expansion Receives Significant Investment Airtel Kenya, the second largest mobile operator in the nation in terms of subscribers, has revealed its intentions to invest…
Safaricom Shareholders Approve New Subsidiaries to Support Tech Start-ups Safaricom shareholders have given their approval for the establishment of two new subsidiaries — one dedicated to investing in seed-stage…
Algerian President Visits Huawei HQ for Cooperation Talks The President of Algeria, Abdelmadjid Tebboune, visited Huawei's Shenzhen headquarters and met with Ren Zhengfei, the founder and CEO of…
Telecom Review Virtual Panel, ‘Increased Data Boosting Wholesale Capacity’ Telecom Review has successfully concluded its latest webinar titled "Increased Data Boosting Wholesale Capacity," which gathered industry experts to discuss…