Ethio Telecom Launches Historic Public Share Sale to Drive Economic Transformation Ethio Telecom, one of Africa’s pioneering telecommunications companies, has announced the public sale of 100 million ordinary shares as part…
Meta’s stock dips after AI investment Surge Shares in Meta, the company behind Facebook, WhatsApp, and Instagram, plummeted over 15% in after-hours trading in New York following…
Telecel Group Acquires Majority Shares in Vodafone Ghana Vodafone Group Plc has completed the transfer of its 70% majority shares in Vodafone Ghana (Ghana Telecommunications Company Limited –…
South Africa’s Telkom Ends Talks On Rain Acquisition South African telecoms operator Telkom TKGJ.J and mobile-service provider Rain have ended discussions related to the newly issued shares in Telkom.
Smile Communications Tanzania collects $120 million financing Smile Group is a pan-African telecoms group that operates in Tanzania, Nigeria, Uganda, and the Democratic Republic of the Congo.…
Tunisie Telecom sells 100% of Mattel Mauritania shares Tunisie Telecom, BSA telecommunication and COMATEL announced the signing of an exclusive agreement with TELECEL Group for the sale of…
Airtel Africa collects $375 million in the first closing of its mobile money agreements Simon O'Hara, a senior executive at Airtel Africa, has issued a notice to the Nigerian Exchange Limited stating that the…
Ethiopia plans to sell telecom shares in a matter of months In his report presented to Ethiopian parliamentarians, PM Abiy Ahmed disclosed the country’s plan to sell up to 40 percent…
Tecnotree’s financial results show strong growth in MEA region Tecnotree, the Finland-based global provider of IT solutions for the telecom industry, announced its annual financial results for 2019, with…
MTN Nigeria shares up 10% after government withdraws $2 billion claim MTN Nigeria shares rose to their highest point in two weeks after the country’s Attorney General (A-G) withdrew a $2…
MTN realizes new assets thanks to the “ARP” MTN announced its Asset Realisation Programme (“ARP”) in March 2019 which aims to simplify its portfolio, reduce debt and risk,…
