Connecting Africa, 6/18/2018
East Africa's nine nations will be home to 186 million mobile broadband connections (3G, 4G or 5G) by 2022, according to market forecasts from research house Ovum Ltd.
PRESS RELEASE, 6/6/2018
PRESS RELEASE -- LAGOS, Nigeria -- Leading digital money transfer service WorldRemit has joined forces with First Bank of Nigeria Limited (FirstBank) for instant money transfers to First Bank accounts in Nigeria.
The Staff, 6/6/2018
Vodafone has joined the continent-wide fight against malnutrition by teaming up with Sanku (Project Healthy Children) to help provide fortified flour to millions of people across Africa.
PRESS RELEASE, 5/28/2018
PRESS RELEASE -- DAR ES SALAAM -- Vodacom Tanzania PLC is celebrating 10 years of M-Pesa, now boasting 8.2 million active users since its launch in 2008. Over the past decade, Vodacom M-Pesa has evolved from a simple mobile money transfer platform, into a robust ecosystem of services covering utility payments, mobile banking, savings and loans and ...
The Staff, 5/24/2018
Lidya, a digital financial services platform focused on meeting the needs of micro-, small- and medium-sized enterprises (MSMEs) in Africa, has raised US$6.9 million in a Series A investment round, believed to be one of the largest in Nigerian tech history.
Ray Le Maistre, International Group Editor, Light Reading, 5/15/2018
Digital payment specialist Cellulant, which is already active in 11 African markets, has raised $47.5 million in a Series C round of funding led by The Rise Fund, an investment vehicle managed by growth equity platform TPG Growth.
Ray Le Maistre, International Group Editor, Light Reading, 5/9/2018
Safaricom got a double boost Wednesday as it reported better-than-expected full fiscal year financials for the year that ended in March 2018 and a message from CEO Bob Collymore who is now back running the company following extended medical leave.
Ray Le Maistre, International Group Editor, Light Reading, 5/3/2018
MTN reported a 9.1% year-on-year increase in service revenues for its first quarter of 2018, with the company's operations in Ghana and Nigeria driving that growth.
Ray Le Maistre, International Group Editor, Light Reading, 4/27/2018
Orange's financial recovery in the Africa and the Middle East (AME) region continued in the first quarter of 2018, with total revenues increasing 6.2% year-on-year to euro 1,245 million (US$1,494 million). This follows an uptick during the latter months of 2017. (See Orange Hails Africa Recovery, Expects Margin Growth.)
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