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in Short

Bank Orange and NSIA launch Orange Bank Africa

Orange, a major telecoms provider in Africa and the Middle East, and NSIA, a leader of bancassurance, are pleased to announce the launch of Orange Bank Africa in Abidjan and Côte d’Ivoire. Orange Bank Africa, headed by Jean-Louis Menann-Kouamé, will offer clients a range of simple savings and credit services available...
in Short

Telecom Orange withstands the crisis

The operator achieved in the first quarter of 2020 an Ebitda (operating margin before depreciation) up 0.7% to 2.602 billion euros. On a comparable basis, the increase reached 1%. Revenues stood at 10.394 billion, an increase of 2.1%, of which 1% on a comparable basis. Sales were driven by solid...
in Short

Telecoms Orange announces a € 1.5 billion bond issue

Orange announces that it has borrowed 1.5 billion euros on the bond market in two tranches of 750 million euros each, at seven years with a 1.250% coupon and at 12 years with a 1.625% coupon respectively. Bank of America Securities and BNP Paribas act as global coordinators. "Thanks to...
in Short

Senegal Sonatel is moving towards 5 G

Sonatel will launch the first tests on 5G this year. The decision remains subject to the approval of the Telecommunications and Postal Regulatory Authority (ARTP), according to information relayed by Financial Afrik....
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