Vodafone on Wednesday reorganised the ownership structure of its African operations with a multi-billion-dollar deal. Its South African unit, Vodacom, has agreed to acquire a 55 pe[...]
Vodacom Group will acquire a co-controlling interest, along with Remgro and New GX Capital, in a new entity made up of assets including Vumatel and Dark Fibre Africa. On completion[...]
Demonstrators take part in a rally in Addis Ababa, Ethiopia, on November 7, 2021, in support of the national defense forces. Image sourced from Eduardo Soteras, AFP via Business Da[...]
MTN doubles down in Nigeria despite costly previous experiences in Africa’s most populous country MTN is now on track to operate its mobile money platform in Nigeria, with the comp[...]
The company that owns Facebook, Instagram and WhatsApp is now called Meta, ostensibly to signal a pivot towards augmented and virtual reality. The artist formerly known as Facebook[...]
Written by Scott Bicheno 4 days ago Chinese telecoms vendor Huawei’s latest quarterly numbers reveal another big fall in revenues, thanks mainly to its crippled consumer division. [...]
Pan-African telecommunications services provider SEACOM has announced that it has completed the 100% acquisition of Hirani Telecom’s metro fibre network. Hirani Telecom is one of K[...]
Spanning 54 countries, Africa is a powerhouse in the world of natural resources and innovation. Resources like diamonds, sugar, gold, uranium, silver, oil, and petroleum famously m[...]
MTN Nigerian Communications (MTNN) Plc said it has obtained the approval of the Securities and Exchange Commission (SEC) to launch the Series II 10-Year Fixed Rate Bond. The compan[...]
MTN Group has announced plans to invest over USD120 million in its South Sudanese operations over the next three years. In a statement on its social media pages, MTN said it discus[...]