African telco CEOs aim to accelerate digital inclusion

The telco says its vision is to evolve into a tech-enabled platform business, delivering dignity, hope, and opportunity for all Africans.

The company says it committed to expanding partnerships with financial institutions, agents, and merchants essential for the growth of its Mobile Money ecosystem.

A senior tech executive feels that the introduction of this tax will have a significant impact on Ghana's burgeoning tech start-up ecosystem.

Nithen Naidoo feels the goal is for Africans to understand that AI is something to be welcomed, and that technology presents valuable opportunities.

Project Waterworth is expected to provide connectivity to the US, India, Brazil, South Africa, and other critical locations.

The company says the leaders bring expertise, enhancing its capabilities in providing broadband connectivity, data centre, cloud, cyber security, AI and payments.

This new model will allow the company to market its products and services in 36 African countries via MIBB, a subsidiary of the Midis Group.

The newly established council will provide a platform for countries to realise the continent’s ambition to leverage AI to transform economies.

The telco reported significant commercial momentum in Egypt, with a 40.7% growth in financial service subscribers to 10.5 million and a 25.6% increase in data traffic.

Government officials believe recent investments highlight the facility's ability to spur innovation and economic development.

The organisation says its goal is to accelerate the development of inclusive instant payment systems in Africa so that it can on-board millions of individuals who are currently financially excluded by 2030.

The telco welcomed the pricing increase, saying the decision allows it to continue making crucial investments needed to provide Nigerians with reliable, high-quality services.