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Business of Tech

Content tagged with Business of Tech

posted in November 2023
37 items
Smart Africa, Bayobab, Africa50 join forces for Project East2West
  • Matshepo Sehloho
The Smart Africa Alliance has signed a memorandum of understanding (MoU) with digital connectivity solutions company Bayobab and infrastructure investment platform Africa50 to support fiber optic cable initiative Project East2West.
SA regulator warns against 'illegal' Starlink equipment sales
  • Paula Gilbert
South Africa's communications regulator ICASA has warned companies that are illegally importing and selling Starlink satellite Internet terminals in South Africa, saying the service is not licensed to operate in the country.
Fast Congo, GVA ink DRC fiber deal
  • Matshepo Sehloho
Pan-African operator Paratus Group's subsidiary, Fast Congo, has signed a long-term agreement with Group Vivendi Africa (GVA) to provide fiber capacity between Muanda and Kinshasa in the Democratic Republic of Congo (DRC).
Business stabilization efforts yielding results – Cell C
  • Matshepo Sehloho
South African mobile operator Cell C has published its trading update for its operational performance for the period from January to September 2023 year-to-date (YTD September 2023) and July to September 2023 (Q3 2023), as well as its audited numbers for 2022 financial year (FY22) and 2021 financial year (FY21).

Orange launches super app 'Max it' for Africa
  • Paula Gilbert
Telecoms operator Orange has launched its own super app, called Max it, in five African countries with plans to roll it out across its operations in Africa and the Middle East.
Vodacom eyes direct-to-market satellite potential
  • Matshepo Sehloho
Vodacom Group Chief Technology Officer, Dejan Kastelic, believes that direct-to-mobile satellite connectivity will go a long way in connecting underserved communities in South Africa and on the continent.
Telkom SA in talks to sell towers portfolio
  • Paula Gilbert
Telkom South Africa has entered into exclusive negotiations with an unnamed bidder for the potential sale of its masts and towers subsidiary Swiftnet.
MWC Kigali: GSMA's Caroline Mbugua on mobile taxes in Africa
  • Connecting Africa Video
GSMA Director of Public Policy for sub-Saharan Africa, Caroline Mbugua, spoke to Connecting Africa at MWC Kigali 2023 about how high taxation on Africa's mobile sector is impacting device and service affordability for consumers.
ATF 2023: African startups win big
  • Matshepo Sehloho
The Africa Tech Festival held last week in Cape Town, South Africa, saw African startups winning accolades for their innovative skills as well as technological prowess.
ATF 2023: Tech companies seal partnership deals
  • Matshepo Sehloho
The Africa Tech Festival, held in Cape Town this week, saw many technology companies signing deals aimed at either expanding their networks, building infrastructure, or connecting underserved communities.
ATF 2023: SA Minister calls for more fixed Internet connectivity
  • Matshepo Sehloho
South Africa's Communications and Digital Technologies Minister, Mondli Gungubele, told Africa Tech Festival 2023 that while mobile connectivity is relatively prevalent in SA, there is room for improvement in providing reliable and affordable home-based Internet access.
MWC Kigali: Rosemary Kimaku on Ericsson's fintech business
  • Connecting Africa Video
Rosemary Kimaku, business development manager for mobile financial services (MFS) at Ericsson spoke to Connecting Africa at MWC Kigali 2023 about Ericsson's MFS business and how fintech is aiding financial and digital inclusion.
MWC Kigali: GSMA's Mats Granryd on Africa's mobile economy
  • Connecting Africa Video
GSMA Director General Mats Granryd sat down with Connecting Africa Editor Paula Gilbert at MWC Kigali 2023 to talk about the growth of Africa's mobile economy and the major trends making waves in the industry.
MWC Kigali: Safaricom CEO Peter Ndegwa on connectivity in Kenya
  • Connecting Africa Video
Safaricom CEO Peter Ndegwa joined Connecting Africa Editor Paula Gilbert at MWC Kigali 2023 for a video interview about the telecoms market in Kenya – the growth of 4G and 5G, M-Pesa and the telco's venture into Ethiopia.
Cassava Tech Talks Ep. 3: Connecting the next billion
  • Paula Gilbert
In the latest Cassava Tech Talks podcast we discuss Africa's connectivity mix and how satellite and subsea cables factor into overcoming connectivity gaps on the continent. Guests are David Eurin, CEO of Liquid Dataport, and Dobek Pater, analyst and director at Africa Analysis. #sponsored
Orange eyes more African 5G launches in 2024
  • Paula Gilbert
Orange Middle East and Africa CEO, Jérôme Hénique, told Connecting Africa that the group plans to launch 5G services in most of its African operations by the end of 2024, with Senegal and Côte d'Ivoire first in line.
Uber SA introduces electric scooters
  • Matshepo Sehloho
Ride-hailing platform Uber South Africa has committed to becoming a zero-emissions company by 2040 and has launched electric scooters for its new offering Uber Package.
Chipper Cash strengthens partnership with Visa
  • Connecting Africa News
Financial services company Chipper Cash has announced an expanded strategic partnership with Visa to collaborate on card issuance and join forces across regulatory and functional areas.
Elon Musk's Starlink enters Benin
  • Matshepo Sehloho
SpaceX's satellite Internet service, Starlink, has launched in Benin, making it the seventh African country where the company is offering its service.
Ghana signs infrastructure & roaming deals
  • Matshepo Sehloho
Ghanaian operator AT has signed a joint venture agreement with Hannam Investments to invest in the country's telecoms market, while the country's regulator has signed a roaming deal with Togo.
Vodacom SA, Old Mutual to offer personal loans
  • Paula Gilbert
Telecoms operator Vodacom is expanding its lending business to now offer personal loans in South Africa through a partnership with credit provider Old Mutual Finance.
Kenya opens smartphone assembly factory
  • Paula Gilbert
Kenya has officially opened a local device assembly factory with capacity to produce up to 3 million smartphones per year at a price point of around $50.


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Madica funds three African startups

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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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Upcoming events

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