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Econet Preps London IPO, Plans More M&A

Econet founder and Group Executive Chairman Strive Masiyiwa might opt for an IPO, or even two, to help fund further expansion.
Econet founder and Group Executive Chairman Strive Masiyiwa might opt for an IPO, or even two, to help fund further expansion.

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More Blogs from Ray Le Maistre
Mobile towers company kills plan to float about 25% of the company's stock as speculation emerges of a potential M&A move.
Smartphone prices have dropped dramatically in Nigeria during the past few years, helping to fuel a surge in mobile user numbers, according to a new market report from e-commerce company Jumia.
South Africa's mobile data challenger Rain is preparing to launch its 4G services with a focus on making things simple for customers, notes the operator's CIO.
MTN expects Nigeria and South Africa to be the engines of growth for the next few years as it reports favorable full year financials.
Operator is investing in a major upgrade of its radio access network infrastructure in seven countries using technology from Nokia.
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