Banks and telcos: battle of titans in mobile banking in Africa

In Africa more than anywhere else, telcos have launched a major offensive to capture the mobile banking market, venturing beyond simple money transfers and mobile payments. However, the sector's incumbents, who are seeing large market shares and a colossal financial windfall taking from their hands, are fighting back by accelerating...

Nomination: Lasaâd Ben Dhiab new CEO of Tunisie Telecom

Engineer General in telecommunications, with a professional experience of 32 years in the telecommunications sector, Lasaâd Ben Dhiab is the new CEO of Tunisie Telecom. He was previously the Central Technical Director of the group since 2019. The Ministry of Communication Technologies announced in a statement the appointment of Lassaâd...
in Short

Telecoms : Safaricom shortlisted for Ethiopia telco licence bid

Safaricom   has made it to the shortlist of six firms that have been cleared to bid for one of two Ethiopian telecoms licences that will be offered this year. The Ethiopian Communications Authority has whittled the list down from a consortia of 12 that had expressed interest in entering the...
in Short

Telecoms Orange Ventures launches a € 350 million fund

Orange Digital Ventures becomes Orange Ventures and has a budget of 350 million euros to invest in technology companies operating in the sectors of connectivity, cybersecurity, financial services, health or education . While it was until then confined to seed, the French operator's investment fund wants to develop its spectrum...
in Short

Ethiopia The new telecom operators known in two weeks

In the coming two weeks, the Ethiopian Communications Authority (ECA) will announce the two new companies' names that will complete the national telecom market. It is due to the liberalization launched in 2019 to provide a quality telecom service to the population....
in Short

Telecoms Kenya Telekom stops ventures with Airtel

The proposed joint venture transaction with the Kenyan unit of India's Bharti Airtel in Kenya has withdrawn and closed their venture with Telkcom Kenya, adopt an alternative strategic direction and will no longer be pursuing the proposed joint venture transaction....
in Short

Telecoms MTN Uganda must list 20% stake within two years

To comply with the terms of its freshly renewed operating licence, MTN Uganda must list a 20% stake on the country’s stock exchange within the next two years. After two years of negotiations, MTN Uganda finally reached US$100 million agreement for a 12-year renewal of its operating licence. Its previous...
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