MTN loses subscribers in its biggest market

Start-ups in Nigeria, Kenya, Egypt and South Africa raised a total of US$625-million last year, according to HAVAÍC.

The company reports strong results in the first quarter, which also saw the awarding of a telecoms licence in Ethiopia and interest in its VodaPay ecosystem.

Private equity investor Convergence Partners closes third fund of US$120m.

Company adds that it is making progress on its 5G rollout strategy.

Baker McKenzie’s latest analysis of Refinitiv data reflects on the challenge before SA, the positive start to the year for Nigeria and the work that lies ahead for Kenya.

Taager and MaxAB among those to have confirmed investment.

Clearly a massive untapped market presents itself and digital will be the key driver behind most if not all penetration strategies.

Fallout from a directive issued by the country’s Federal Inland Revenue Service to freeze company’s accounts.

Insiders predict intra-African trade could rise 20% to 30% within the next five years with the use of digitisation and blockchain.

boostXB offers new cross-border end-to-end digital remittance service from SA into Africa.

Attributed to the fact that 73% of the financial services industry is projected to maintain or increase IT spending compared to 2020, according to a recent IDC InfoBrief sponsored by Liferay.

African Infrastructure Investment Managers (AIIM) latest to announce investment in a new cellphone tower management company focused on West Africa.