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Latest Content tagged with Investment
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AI: Human Capacity Reimagined
Gabriella Jeakins  
10/8/2018   Post a comment
AI is already having an impact in Africa, which is why the AI Summit is coming to AfricaCom in Cape Town this November.
Sea Change for Africa With Liquid's Fiber Link?
Iain Morris  
10/1/2018   Post a comment
A new fiber connection between Cape Town and Cairo could halve latency and bring new connectivity services into African markets.
Bharti Airtel's Africa IPO Plan Gathers Pace
Wei Shi  
9/18/2018   Post a comment
Major Indian telco is believed to have appointed banks to coordinate the IPO of its African business.
Huawei Marine Completes SAIL Subsea Network Build
Wei Shi  
9/11/2018   Post a comment
The new undersea South Atlantic Inter Link (SAIL) fiber connection, built by Huawei Marine, is the first of its kind to directly connect Africa and Latin America across the south Atlantic.
Fintech Startup Yoco Turns Smartphones Into POS Terminals
Wei Shi  
9/10/2018   Post a comment
The South African fintech startup's solution enables 20,000 merchants to receive card payments.
MTN Ghana Boasts IPO Success
Ray Le Maistre  
8/31/2018   Post a comment
But MTN didn't raise as much as hoped.
MTN Hits Back at Repatriation Funds Claims
Ray Le Maistre  
8/31/2018   Post a comment
MTN says it has done nothing wrong as the Central Bank of Nigeria demands that US$8.1 billion be 'refunded.'
Cash for Data: Fintech Startup Playing a Long Game
Wei Shi  
8/27/2018   Post a comment
Nigeria's Thank U Cash has a different approach for its loyalty program.
Alibaba Founder Launches $10M African Entrepreneur Fund
Ray Le Maistre  
8/14/2018   Post a comment
Jack Ma, the founder of Chinese e-commerce giant Alibaba, has launched the Netpreneur Prize, which will allocate US$10 million to African entrepreneurs in the coming years.
Congolese Minister Eyes 5G Opportunity
Wei Shi  
8/3/2018   Post a comment
A partnership between Spanish technology company Applus+ and the Congolese telecom incumbent could provide a spur to 5G in the central African country.
Google & Partners Are Connecting Nigeria to Free WiFi Hotspots
Wei Shi  
8/2/2018   Post a comment
Google is to offer free Internet connectivity in Nigeria, and not as part of its Project Loon service.
DR Congo: Is Reaganomics Coming to the Rescue?
Wei Shi  
7/31/2018   Post a comment
The GSMA has recommended the Democratic Republic of Congo lower taxes on the mobile industry to provide a boost for the industry as well as the government's coffers.
Orange Boosted by Data Demand
Iain Morris  
7/26/2018   Post a comment
Orange reports strong growth in sales and earnings, thanks to consumer appetite for mobile data services.
Smart Cities, 5G & IoT Take Center Stage at AfricaCom 2018
Amy Turner  
7/20/2018   1 comment
Africa's digerati are set to converge on the annual AfricaCom event in Cape Town once again to figure out the continent's connected future, analyse the potential of 5G, identify how IoT and smart cities could play a role in Africa's digital development… and much more.
MTN Could Exit 3 West African Markets – Report
Wei Shi  
7/19/2018   Post a comment
Mobile operator MTN may be considering pulling out of Liberia, Guinea and Guinea-Bissau, but may enter long coveted Angola and Ethiopia.
Is M-Pesa Heading to Ethiopia?
Ray Le Maistre  
7/18/2018   Post a comment
Speculation suggests Safaricom is about to strike a deal with Ethiopia's government to help introduce the M-Pesa mobile money and banking service to the country's 100 million-plus population and compete with existing player M-BIRR.
Chad to Auction New Mobile License
Wei Shi  
7/17/2018   Post a comment
The telecom regulator of Chad has issued an invitation for tender to auction out a new mobile licence covering 2G, 3G and 4G.
Namibia's MTC Helps Polar Power Switch On Its Africa Operation
Ray Le Maistre  
7/12/2018   Post a comment
Polar Power has launched operations in Africa and has a deal to provide power and cooling products to Namibia's leading mobile operator.
Another Tower Operator Shelves IPO
Ray Le Maistre  
6/27/2018   1 comment
Now three planned mobile tower operator IPOs have been abandoned this year as IHS Towers mothballs its plan, according to reports.
Google to Open AI Lab in Ghana
Ray Le Maistre  
6/15/2018   1 comment
Google says it will open a facility dedicated to artificial intelligence (AI) research and its applications in Accra, Ghana, later this year.
Huawei Helps Telecom Egypt Secure a $200M Loan to Fund 4G Rollout
Ray Le Maistre  
5/30/2018   1 comment
Chinese vendor Huawei has facilitated a US$200 million loan deal from Chinese financial institutions to help fund Telecom Egypt's 4G network rollout, including core and transport network technology deployments.
MTN Ghana Launches IPO Process
Ray Le Maistre  
5/29/2018   Post a comment
Mobile operator begins process that values the company at more than US$2.1 billion.
Digital Payments Specialist Cellulant Raises $47.5M
Ray Le Maistre  
5/15/2018   1 comment
The digital payment specialist's C round of investment was led by The Rise Fund.
Vodacom Boosts Annual Revenues by 6.3%
Ray Le Maistre  
5/14/2018   Post a comment
Operator adds 7 million customers, mostly in South Africa, as it gears up for further network investments.
Orange's AME Recovery Continues in Q1
Ray Le Maistre  
4/27/2018   Post a comment
Revenue and customer numbers continue to climb as Orange invests in 4G.
Africa's Talking Raises $8.6M From IFC & Others
Ray Le Maistre  
4/27/2018   Post a comment
Distributor of mobile communication and payment APIs to developers raises significant funding from the World Bank's International Finance Corporation (IFC), Orange Digital Ventures and Social Capital.
Ex-Vivendi Chairman Held By French Police Investigating Bribery Allegations
Iain Morris  
4/25/2018   1 comment
Vincent Bolloré is detained by police in France over allegations that one of his companies bribed African officials.
MFS Africa Raises $4.5M Series B Round
Ray Le Maistre  
4/18/2018   Post a comment
Fintech startup is the first African fintech company to attract investment from a Chinese venture capital firm.
Price Controls Would Harm Kenya Telecom Market, Says Think Tank
Iain Morris  
4/5/2018   Post a comment
Institute of Economic Affairs slams regulator's proposals as a 'major policy reversal' that could damage the market.
Orange Expands Into African Energy Sector With Big Solar Plans
Iain Morris  
3/27/2018   Post a comment
French operator will start providing solar kits in five new African markets this year and hopes to sell hundreds of thousands of units in the next five years.
Teleology Closes In on 9mobile Acquisition
Ray Le Maistre  
3/22/2018   Post a comment
Pays $50 million deposit and prepares for full ownership of Nigeria's fourth mobile operator within 90 days.
Helios Towers Abandons IPO Plan
Ray Le Maistre  
3/19/2018   Post a comment
Mobile towers company kills plan to float about 25% of the company's stock as speculation emerges of a potential M&A move.
Orange Upgrades 4G With Nokia
Ray Le Maistre  
3/7/2018   Post a comment
Operator is investing in a major upgrade of its radio access network infrastructure in seven countries using technology from Nokia.
Helios Towers Plans IPO
Ray Le Maistre  
3/2/2018   Post a comment
Tower infrastructure company plans to list 25% of its shares on the London and Johannesburg exchanges in a move that should value the company at more than $2 billion.
Is South Africa About to Award 4G Spectrum and Incentivize Fiber Rollouts?
Ray Le Maistre  
2/22/2018   Post a comment
Budget review suggests an end to the delays in spectrum licensing and a reduction in the tax burden on network cable investments.
Orange Hails Africa Recovery, Expects Margin Growth
Iain Morris  
2/21/2018   Post a comment
Orange CEO says 'mutualization' efforts in Africa are likely to buoy earnings this year.
Is There an Appetite for an African Mobile IPO?
Ray Le Maistre  
2/19/2018   Post a comment
Bharti Airtel is considering an IPO of its Africa operations, but might investors be as keen as the operator?
9mobile Loses More Market Share as it Awaits New Owner
Ray Le Maistre  
2/12/2018   Post a comment
Nigeria's mobile market is growing but 9mobile's customers base is shrinking, according to the latest statistics from the country's telecoms watchdog.
Why Africa's Mobile Operators Are In a Fine Mess
Ray Le Maistre  
2/7/2018   Post a comment
More and more of Africa's mobile operators are being hit with fines and financial penalties, finds a new report.
Ericsson's Sales, Staff Numbers Shrink
Ray Le Maistre  
1/31/2018   Post a comment
As telecoms vendor giant Ericsson continues to report losses and execute a turnaround strategy, its revenues and staff numbers dipped in the Middle East and Africa during 2017.
9Mobile Ownership Decision Still in Balance
Ray Le Maistre  
1/15/2018   Post a comment
Regulatory process means identity of Nigerian operator's new owner will not be announced imminently.
A Kick in the Wallet for Operators in Kenya, Chad
Ray Le Maistre  
1/12/2018   Post a comment
Kenyan operators fined for poor quality of service while tax rates have been hiked for mobile operators in Chad.
Kenyan Authorities Drop Plans to Break Up Safaricom – Report
Iain Morris  
1/3/2018   1 comment
A proposal to curb the dominance of Safaricom by breaking it up has been jettisoned in a new regulatory report.
PEACE Subsea Cable Set for Late 2019 Launch
Ray Le Maistre  
1/3/2018   Post a comment
A new subsea cable linking East Africa and Asia is set for launch in the fourth quarter of 2019, according to the company building the network.
5 in Line to Acquire Nigeria's 9Mobile
Ray Le Maistre  
1/2/2018   Post a comment
Decision on sale process of troubled mobile operator delayed to January 16.
TE SubCom Starts Work on DARE Subsea Cable
Ray Le Maistre  
12/29/2017   Post a comment
Submarine network construction specialist has started building the Djibouti Africa Regional Express (DARE) network.
Airtel Snaps Up Tigo Rwanda
Iain Morris  
12/19/2017   Post a comment
Bharti Airtel to merge its Rwandan network with that of local rival Millicom.
Liquid Telecom Partners Zambian Startup Hub
Iain Morris  
12/15/2017   Post a comment
The operator will provide Internet connectivity and cloud services to technology players in Zambia.
Airtel Downplays Africa Exit Talk – Report
Iain Morris  
12/12/2017   1 comment
Indian operator denies it has talked about quitting African markets but says it remains open to merger possibilities.
Tunisie Telecom to Test Cryptocurrency for Mobile Finance
Ray Le Maistre  
12/12/2017   1 comment
Tunisian operator is engaging with cryptocurrency startup Telcoin to check out a new way to offer mobile remittance services.
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Latest Articles
By banking on initiatives from the Facebook-backed Telcom Infra Project (TIP) to disaggregate cellular networks, MTN and other operators are recruiting startup vendors to help deliver data connections to the under-served.
The Nigerian company Teleology has acquired a majority share in struggling UTL for US$71 million.
Frustrated with at times contradictory financial demands from the Nigerian authorities that run to US$10.1 billion, MTN has taken the issues to court.
AI is already having an impact in Africa, which is why the AI Summit is coming to AfricaCom in Cape Town this November.
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