Telecommunication
Vodacom Mozambique invests in new data centre
Telecommunications giant Vodacom Mozambique has made headlines with its plans to invest a staggering US$25 million in establishing a cutting-edge data centre within the country. This substantial investment underscores the company’s commitment to enhancing digital infrastructure and connectivity, signalling a significant development in Mozambique’s technological landscape. The Strategic Importance of Data Centres in Modern Telecommunications […]
Olumofe TemitayoSafaricom, Onafriq to streamline money transfers in Ethiopia
Safaricom, a leading telecommunications company in Kenya, has teamed up with Onafriq, a prominent digital payments network, to streamline money transfers to Ethiopia. This partnership marks a significant milestone in cross-border transactions within the East African region, particularly in facilitating seamless financial flows into Ethiopia. With Safaricom’s expertise in mobile money through its M-PESA platform […]
Olumofe TemitayoVodacom initiates workforce reduction to accelerate technological transition
In a bold move to streamline operations and accelerate its technological transition, Vodacom, one of the leading telecommunications companies, has announced a strategic workforce reduction initiative. The decision comes amidst a rapidly evolving digital landscape, where the demand for innovative solutions and advanced technologies continues to grow. Vodacom aims to position itself as a frontrunner […]
Olumofe TemitayoTelkom Kenya suffers massive subscriber loss
Telkom Kenya, positioned as the country’s third-largest telecommunications company, faces a considerable setback with the recent loss of approximately 800,000 subscribers over the past three months. This significant decline raises pertinent questions regarding the underlying causes, implications, and potential strategies for Telkom Kenya to mitigate its losses and chart a path towards recovery. Telkom Kenya’s […]
Olumofe TemitayoTappi, MTN collaboration spurs expansion in Côte d’Ivoire
In the ever-evolving landscape of telecommunications, partnerships and collaborations often pave the way for innovative solutions and widespread expansion. Tappi’s recent collaboration with MTN in Côte d’Ivoire stands as a testament to the power of strategic alliances in fostering growth and enhancing connectivity within the region. This partnership marks a significant milestone in the telecommunications […]
Olumofe TemitayoAirtel Africa mulls IPO of TPG-Backed mobile money unit
Billionaire Sunil Mittal’s Airtel Africa Plc, a leading telecommunications company operating across multiple African countries, is reportedly exploring the possibility of launching an Initial Public Offering (IPO) for its mobile money unit. Sources familiar with the matter have indicated that the IPO could potentially value the mobile money unit at over $4 billion. This strategic […]
Olumofe TemitayoOmnispace, MTN to expand mobile connectivity across Africa
In an era where connectivity is crucial for economic development and social progress, Omnispace and MTN have joined forces to bridge the digital divide across Africa. This collaboration aims to extend mobile connectivity to underserved and remote areas of the continent by leveraging satellite technology. With Africa being a vast and diverse continent, traditional terrestrial […]
Olumofe TemitayoMTN Group announces Monzer as new CEO in South Sudan
In a significant move within the telecommunications industry, MTN Group has announced the appointment of Ali Monzer as the new CEO for MTN South Sudan effective from April 1 , 2024. Ali succeeds Gordian Kyomukama after a great career path with MTN. This transition marks a pivotal moment for MTN’s operations in the region, signaling […]
Olumofe TemitayoBotswana telecom integrates DZS technology into fibre network
BoFiNet, Botswana’s national telecommunications infrastructure provider, has embarked on a transformative journey by integrating DZS (Dasan Zhone Solutions) technologies into its fibre network. This strategic partnership aims to revolutionise Botswana’s digital landscape, enhancing connectivity, reliability, and speed for businesses and consumers across the country. With BoFiNet’s extensive fiber network and DZS’s cutting-edge solutions, this integration […]
Olumofe TemitayoAirtel Africa announces first Data Center in Lagos
Airtel Africa is taking a significant leap in Nigeria’s digital landscape by announcing the construction of its first-ever 34 Megawatts NXtra Data Center in Lagos. This groundbreaking initiative is set to commence with a ceremonial event later this month, graced by prominent figures, including Lagos State Governor Babajide Sanwo-Olu, Ogun State Governor Prince Dapo Abiodun, […]
Hauwa Ali AbdulKenyan Equitel launches 5G network, first in Africa
Airtel and Equitel, the mobile virtual network operator of Finserve, a fully-owned subsidiary of Kenya’s largest retail bank, Equity Group Holdings (previously Equity Bank Group), inaugurated their fifth-generation connectivity service. It is the first 5G Mobile virtual network operator (MNVO) in the country and Africa. Nairobi, Mombasa, Kakamega, Siaya, Eldoret, Nakuru, and Bungoma are among […]
Modupeoluwa OlalereMastercard, MTN partner on mobile payments in Africa
In a landmark collaboration, Mastercard, a global leader in payments technology, and MTN Group, Africa’s leading telecommunications provider, have joined forces to revolutionise mobile payments across the continent. This strategic partnership aims to leverage the widespread adoption of mobile technology in Africa to drive financial inclusion and empower millions of individuals and businesses with convenient, […]
Olumofe TemitayoAirtel Ads promises data-driven success for African advertisers
In an era dominated by digital marketing, African advertisers are continually seeking innovative solutions to reach their target audiences effectively. Recognizing this need, Airtel Ads has emerged as a game-changer, promising data-driven success for advertisers across the African continent. Leveraging Airtel’s extensive network infrastructure and cutting-edge technologies, Airtel Ads presents a compelling platform for advertisers […]
Olumofe TemitayoTelecom Egypt conducts first successful call in North Africa
Telecom Egypt, one of the leading telecommunication companies in the region, has achieved a significant milestone by successfully conducting the first call in North Africa using “Open RAN” (Open Radio Access Network) technology. This breakthrough marks a pivotal moment in the telecommunications industry, showcasing the potential of Open RAN to revolutionise network infrastructure and enhance […]
Olumofe TemitayoSouth Africa to unveil Conduct of Financial Institutions Bill, COFI
South Africa’s vibrant fintech sector is set to experience a significant transformation with the upcoming introduction of the Conduct of Financial Institutions (COFI) Bill. This pivotal legislation aims to streamline and unify the complex web of financial regulations into a cohesive industry standard, potentially reshaping the operational landscape for financial institutions across the board. Consolidating […]
Ibukunoluwa Josephine BankoleGhana SC venture empowers MSMEs with digital financial solutions
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is launching SOLV Ghana, a business-to-business (B2B) online marketplace that offers micro, small, and medium enterprises (MSMEs), short-term invoicing financing, buy now pay later services, and business loans via a trusted marketplace of verified buyers and sellers. Empowering MSMEs in Ghana “At SOLV, our mission […]
Ibukunoluwa Josephine BankolePalmPay fortifies in-app security features amid rise in cyber fraud
PalmPay, a leading Fintech company, has bolstered its in-app safety features to shield users from the surge in fraudulent activities within the digital banking system. The increase in fraudulent incidents has particularly impacted the fintech ecosystem in Nigeria, with Mobile, Web, and Point of Sales (POS) terminals being prime targets for fraudsters in 2023. The […]
Ibukunoluwa Josephine BankoleEgyptian fintech MoneyHash secures $4.5 million for payments services in Africa
MoneyHash, an Egyptian fintech startup, has recently secured a significant milestone by raising $4.5 million in seed funding. This injection of capital signals a vote of confidence in MoneyHash’s vision to transform the landscape of financial transactions across Africa. At its core, MoneyHash aims to facilitate payments in Africa through innovative fintech solutions, leveraging technology […]
Olumofe TemitayoBattle of high-end robot vacuums
Choosing the right robot vacuum for your needs can be overwhelming, especially when comparing high-end models like the iRobot Roomba j7+ and the Roborock S7 MaxV Ultra. Both offer impressive features and boast intelligent navigation, powerful cleaning, and convenient self-emptying docks. However, some key differences might influence your decision. When tackling dirt, dust, and debris, […]
Olanrewaju AdeniyiNigeria cracks down on Binance, arrests top officials
The Federal Government of Nigeria’s government has detained two senior executives of Binance, a prominent cryptocurrency exchange company in Africa. This move comes in the wake of escalating tensions surrounding the regulation of cryptocurrencies in the country, with significant implications for both the financial sector, national security and the Nigerian economy. The Arrest and Regulatory […]
Ibukunoluwa Josephine Bankole