Data revenue, subscription growth helps ease unsettled Airtel Malawi
Company faces issues including demand for delisting by shareholders, and a potential strike by employees.
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.
Rise Fund invests US$200m in Airtel Mobile Commerce BV
Airtel Africa confirms deal and will continue to hold majority stake.
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.