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Business of Tech

Content tagged with Business of Tech

posted in May 2023
35 items
Namibia to auction 5G spectrum
  • Matshepo Sehloho
The Communications Regulatory Authority of Namibia (CRAN) has announced it will auction 5G spectrum in October 2023.
Telekom Networks Malawi pilots 5G
  • Matshepo Sehloho
Telekom Networks Malawi (TNM) is the first mobile operator in the country to make 5G services available on a pilot basis.
Interview: Airtel Business Africa's Luc Serviant on agritech trends
  • Connecting Africa Video
Airtel Business Africa's Group Enterprise Director, Luc Serviant, joined Connecting Africa for a video interview in Nairobi, Kenya, to talk about agritech trends in Africa and how operators are partnering with startups to help the agricultural value chain to flourish.
Digital banking group Tyme raises another $77.8M
  • Paula Gilbert
Tyme has raised another US$77.8 million in a pre-series C capital raise, securing two new international investors, while South African flagship TymeBank's customers have reached 7 million.
Interview: TESPOK's Fiona Asonga on digital telco strategies in East Africa
  • Connecting Africa Video
Fiona Asonga, CEO of the Technology Service Providers of Kenya (TESPOK), joined Connecting Africa Editor Paula Gilbert at East Africa Com in Nairobi, Kenya, to talk about digital strategies that telecoms operators and service providers are implementing in East Africa.
MTN's Bayobab inks $320M African fiber deal
  • Matshepo Sehloho
MTN Group's Bayobab has partnered with infrastructure investment agency Africa50 to build R6 billion (US$320 million) terrestrial fiber cable in Africa.
Vodafone job cuts won't impact Africa
  • Paula Gilbert
Vodafone's plans to cut 11,000 jobs over three years will not impact Vodacom's operations in Africa, only Vodafone operations in Europe, a spokesperson confirmed.
Vodacom reports revenue growth despite headwinds
  • Paula Gilbert
Vodacom Group reported strong financial growth for the year, despite facing headwinds from power supply issues in South Africa, startup costs in Ethiopia, supply chain challenges and higher interest and inflation rates.
Safaricom granted mobile money license in Ethiopia
  • Paula Gilbert
Kenya's Safaricom has been granted the license to operate its mobile money service M-Pesa in its new territory of Ethiopia, as the Ethiopian rollout costs put strain on group earnings.
Senegal to allocate 5G licenses to telcos
  • Paula Gilbert
Senegal's telecommunications regulator, ARTP, has announced that it will allocate 5G licenses to telecom operators by the end of July 2023.


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November 11-14, 2024
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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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