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Latest Content tagged with Investment
Amazon is creating 3,000 new jobs in SA
  • Paula Gilbert
The e-commerce giant is adding 3,000 full-time positions in customer service, bringing its total permanent workforce in South Africa to 7,000.
Hot startup of the month: Nigeria's Crop2Cash
  • Tom Jackson
Crop2Cash is addressing financing gaps for Nigerian farmers by making formal financing a transparent process and helping responsible farmers get access to capital.
African operations boost Vodacom revenue
  • Paula Gilbert
Vodacom's operations outside of SA continued to show strong growth over the past financial year, while the domestic market recovered in the second half.
Vodacom launches 5G in South Africa
  • Paula Gilbert
Vodacom has launched a live 5G network in three South African cities, supporting both mobile and fixed wireless services.
ZTE's African growth plans
  • Paula Gilbert
ZTE has been actively trialing 5G technology in Africa but still sees 3G and 4G as big growth areas for its business on the continent.
SA telcos pledge big in COVID-19 battle
  • Paula Gilbert
South Africa's mobile operators are making sizable pledges toward the battle against the COVID-19 pandemic, as well as spending on improving network capacity.
How much MTN execs get paid
  • Paula Gilbert
MTN's Group CEO Rob Shuter made $3.3 million in 2019 while Group CFO Ralph Mupita took home $3.7 million.
Telkom SA to cut IP Connect pricing
  • Paula Gilbert
Telkom has come to an agreement with the SA Competition Commission to address concerns over IP Connect pricing and reducing the digital divide.
Cell C narrows loss, but loses customers
  • Paula Gilbert
South African telecom operator Cell C managed to reduce net losses in 2019 and is seeing some success from a turnaround strategy introduced from March 2019 onwards.
Telkom job cuts to cost $90M
  • Paula Gilbert
Telkom's plan to shed around 3,000 jobs is going to cost the telecoms operator about R1.5 billion (US$90 million) and will have a negative impact on its earnings for the 2020 financial year.
SA tech stock bloodbath
  • Paula Gilbert
South Africa's tech and telecoms stocks plummeted on Thursday as worries over the spread of the coronavirus caused massive equity sell-offs.
Telkom selling 53 properties in SA
  • Paula Gilbert
The operator is auctioning off 53 properties in South Africa as it moves forward with plans to modernize its network and improve efficiency.
Bank cards still beat mobile payments in Africa
  • Paula Gilbert
A new research report from Omdia and OpenWay has found that consumer demand for debit and credit cards still outweighs that for mobile money, according to African banks.
Vodacom facing trouble in Lesotho
  • Paula Gilbert
The Lesotho Communications Authority is not happy with Vodacom and has fined it $549,000 – and is threatening to revoke its license.


Innovation hub

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Hot startup of the month: Kenya's Ketha Africa

Connecting Africa's hot startup this month is Ketha Africa, a Kenya-based agrifin platform that seeks to automate agriculture ecosystems by connecting the value chain actors and providing a robust network to ensure the security of transactions.

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Four agritech startups to watch in 2024

Connecting Africa has compiled a list of four agritech startups that are making a difference in the communities they serve.

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Upcoming events

Africa Tech Festival 2024
November 11-14, 2024
Cape Town, South Africa
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Africa Tech Perspectives

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Uber's Marjorie Saint-Lot on inclusion and sustainability in Africa

Uber's Country Manager for Ghana and Cote d'Ivoire, Marjorie Saint-Lot, shares how the ride-hailing company is approaching public-private partnerships, environmentally friendly initiatives and gender inclusion in Africa.

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The 100 most influential African leaders in 2023

A new report from Africa Tech Festival and Connecting Africa puts a spotlight on the top 100 African leaders in the telecoms and technology sector in 2023.

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Deep dive into East Africa's tech startup ecosystem

New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.

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Guest Perspectives

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Omdia View: February 2024

By Omdia Analysts

Highlights in February 2024 in the Middle East and Africa included 5G launches in Senegal and 5G trials in Egypt as well as Kenya's first 5G MVNO. Airtel also launched a new wholesale connectivity business while MTN and Huawei are planning a joint Innovation Technology Lab in South Africa – that and more in this month's Omdia View.

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Omdia View: January 2024

By Omdia Analysts

Highlights in January 2024 in the Middle East and Africa included a $200 million fintech deal between MTN and Mastercard as well as 5G network trials by Telecom Egypt – that and more in this month's Omdia View.

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