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Data revenue, subscription growth helps ease unsettled Airtel Malawi

Company faces issues including demand for delisting by shareholders, and a potential strike by employees.
12 Apr

Mobile money fuelled expansion strategy pays off for NetOne

Zimbabwe telecommunications company confirms increase OneMoney subscribers.

Telecel Zimbabwe scouts for investors ahead of expansion drive

Company’s size and situation makes it attractive for equity adjustments and lending, according to chairman.

Canadian software group Volaris makes offer to acquire Adapt IT

Offer is described as an alternative to, and materially in excess of, the unsolicited all-share offer that Adapt IT received on 27 January 2021 from Huge Group.

Prosus announces accelerated offering of Tencent shares

We have informed Tencent of our intention, which is understood and supported by Tencent says Prosus CEO Bob van Dijk.

Smile Telecoms’ debt restructuring plan gets the nod from investors

A fresh injection of US$51m in funding for operations expected to enhance Smile's position in its respective markets.

MFS Africa scales up to 320 million mobile money wallets

Pan-African Fintech firm confirms reach of over 60% of all mobile wallets in Sub-Saharan Africa.

Partner programmes channel partners across SADC region

Lenovo’s Partner Engage and Partner Elevate programmes help SME partners benefit from contracts, incentives and rebates.

Helios announces key acquisitions to advance Africa aspirations

Agreements signed with Airtel Africa to acquire its passive infrastructure operating companies in Madagascar and Malawi, possibly Chad and Gabon.
Mar 19, 2021

Rise Fund invests US$200m in Airtel Mobile Commerce BV

Airtel Africa confirms deal and will continue to hold majority stake.
Mar 10, 2021

Data, fintech subscriptions lift MTN in strong full-year results

MTN Group records improved topline performance in the year ended December, driven by a surge in active data and Mobile Money subscriptions.
Mar 10, 2021

SA still leads in Africa’s smartphone market

Overall mobile phone market grew 4.6% quarter-on-quarter (QoQ) in Q4 2020.