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Airtel Africa Signs $124-Million Credit Facility with Citi Bank
Airtel Africa, one of Africa’s largest telecom groups with a presence in 14 countries across the continent, today announced the signing of a $125-million revolving credit facility with investment banking group Citi through its branch offices/subsidiaries in sub-Saharan Africa. The…
Google’s Equiano Subsea Cable Lands in South Africa
Google’s Equiano Subsea Cable, which seeks to connect Europe to Africa via the ocean, has reportedly made its final stop on Monday, landing in Melkbosstrand, Western Cape, South Africa. The cable was originally announced to land in South Africa by…
Cell C Offers Free Data Bundles to Those Affected by Load Shedding
South African telecom Cell C has launched a new solution to help its prepaid customers claim some of the data they may have lost during the country’s ongoing rotational blackouts, either as a result of inability to access data due…
MTN South Africa Apologises for Wide Ranging Data Outages
MTN South Africa has experienced outages in its mobile data networks in two of the country’s provinces, leaving customers without access to the carrier’s data. Customers in parts of the Free State province and Western Cape Province in South Africa…
Openserve Splits From Telkom South Africa
South African wholesale network infrastructure provider Openserve has officially split from its parent Telkom Group today, according to an announcement from Telkom. As part of its Q1 SENS announcement, Telkom Group says that it has approved the legal and structural…
Orange Telecom Casts Its Tall Shadow Over Nigeria
France’s Orange Group, one of the largest telecom companies in Africa, has reportedly set its sights on a possible expansion into Africa’s most populous country, Nigeria. This is according to a statement issued by the Nigerian Communications Commission (NCC), where…
MTN Nigeria Posts Latest Results, Sees Massive Fintech Boom
MTN Nigeria has today announced its unaudited results for the half-year ended 30 June 2022. The company, an arm of MTN Group, considered Africa’s largest telecom in terms of subscribers and revenue, continues to report positive growth, particularly in its…
Airtel Africa Reports 13% Revenue Growth for the First Quarter
Airtel Africa, a telecommunications company, has reported a 13% revenue growth for the second quarter of 2022. Total revenues, for mobile services and mobile money services combined, grew in Nigeria by 18.3%, in East Africa by 14.1%, and in Francophone…
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Safaricom Scoops Up 400 Developers in Kenya to Stave Off Competition
Safaricom, Kenya’s top telecom group, has reportedly hired 400 software developers in 2022 to keep up with the demand for digital talent as other digital business competitors set up shop in the country. According to Business Daily, the new hires…
Airtel Africa Coughs Up $40-Million for New Kenyan Spectrum
Airtel Africa, one of the continent’s largest telecommunications groups with a presence in 14 countries, today announces that its Kenya subsidiary, Airtel Kenya, has concluded its purchase of additional spectrum in the country. According to the announcement Airtel Kenya has…
Vodacom to Invest $58-Million into Rural KZN, South Africa- The Details
South African telecommunications group Vodacom said on Thursday that it is seeking to invest R1-billion, or around $58.2-million, into improving its mobile network in the country’s eastern coastal province of KwaZulu-Natal (KZN). In a statement seen by Developing Telecoms, Vodacom…
Airtel Money is Now On its Own
Telecoms group Airtel Kenya has announced that it will be splitting its mobile money business – Airtel Money – from its main company. Instead, Airtel Money will now be operating under the name ‘Airtel Money Kenya Limited’. “Following this business…
The 15 African Countries with the Most Expensive Data
Countries in Africa generally have some of the most expensive mobile data in the world due to several factors, including the unavailability of telecoms infrastructure and high taxation in the African telecom industry by governments. Many telecom firms may hold…
MTN is Planning to Buy Telkom
MTN Group is reportedly in talks to buy its telecommunications rival Telkom. According to Bloomberg, the company said the discussions are still at an early stage and there is no certainty that the transaction will be completed. The news that…
MTN South Africa is Number 1 – Again
MTN South Africa has once again been ranked as the country’s best network, this time in the second quarter of 2022. According to the tech publication MyBroadband Insights report, MTN reigned supreme with a Network Quality Score of 9.75 in…
IT Angola Rebrands, Joins the Paratus Fold
Angolan telecommunications service provider, Internet Technologies Angola (ITA), has officially changed its name as part of an extensive rebranding and harmonisation process led by its parent company, the pan-African Paratus Group. ITA will, with immediate effect, operate under the name…
