Emirates telecommunications, Etisalat buys 9.8% of Vodafone Int’l for US$4.4B

EGYPT – Emirates Telecommunication Group Company PJSC (Etisalat) has acquired 9.8 percent stake in Vodafone International Group for US$4.4 billion. The move came days after Emirates said it was looking to expand into new markets in Africa, Europe, and Asia, and into areas outside telecoms such as financial technology, as it seeks to drive growth, according to Reuters. It added…

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SA’s Vodacom pledges 100% renewable energy shift by 2025

SOUTH AFRICA – South African mobile communications company, Vodacom has pledged to halve its environmental impact by 2025 with a target set to accelerate the reduction of greenhouse gas (GHG) emissions. The target will have a massive impact on Vodacom’s pledge, as electricity consumption is the primary source of the technology company’s greenhouse (GHG) emissions. By this target, Vodacom will…

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MTN Nigeria to invest US$722k in its Media Innovation Programme (MIP)

NIGERIA – Technology company, MTN to invest over N300 million (US$722,862) in its Media Innovation Programme (MIP) targeted at empowering journalists in the country. Through the program, which is being organized in partnership with the Pan-Atlantic University, MTN will train 20 Nigerian media practitioners. The training includes digital skills, improvement in writing, and reporting skills through group presentations and sessions…

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MTN Nigeria issues historic US$306M commercial paper

NIGERIA – MTN Nigeria, a subsidiary of Johannesburg-headquartered MTN Group Ltd, has announced the issuance of a N127 billion (US$306.3 million) series 1 & 2 commercial paper (CP) on the Nigerian Exchange. Commercial paper is an unsecured, short-term debt instrument commonly used by companies to raise capital from the public and take care of their short-term financial liabilities. The issuance…

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Morocco’s Maroc Telecom customer base grows to 76 million in the Q1 of 2022

MOROCCO – Morocco’s main telecommunications company, Maroc Telecom Group (IAM) has realized its customer base grew to 76 million in the first quarter of 2022. IAM is Morocco’s largest internet provider with bases and offices across the continent in countries such as Mauritania, Burkina Faso, and Cote d’Ivoire. According to the company’s quarterly report, the customer base increased by 3.6%…

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Microsoft partners with Tizeti to boost internet speeds & access in Nigeria

NIGERIA – Microsoft, an American multinational technology corporation has partnered with Tizeti, a solar-based internet service provider in West Africa to boost internet speed and access in Nigeria. Tizeti is a fast-growing Wireless Internet service provider in Lagos, Nigeria, delivering high-speed unlimited Wi-Fi Internet access to residential and business customers using wide-area Wi-Fi. Its services are available in Lagos, Ogun,…

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CSquared Lands Google’s Equiano’ Subsea Cable In Togo to transform broadband landscape

TOGO – CSquared, an open-access wholesale broadband infrastructure company, has landed Google’s Equiano in Togo to transform the broadband landscape in the country. Google’s Equiano is a subsea internet cable running through Portugal to South Africa, connecting the continent with Europe. This makes Togo the first landing point of Google’s Equiano in Africa. The subsea cable will have a direct…

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DPO Group partners with Mastercard to enhance digital payments in Ghana

GHANA – DPO Group has partnered with Mastercard to enable thousands of businesses in Ghana to offer their customers greater choice and convenience by pivoting online and accepting digital payments. Through the collaboration, DPO will leverage Mastercard’s digital payments technology to enable businesses to accept a wide range of digital payment methods safely, seamlessly, and securely. It will also help…

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Liquid introduces gaming bundles to develop e-sports in Zambia

ZAMBIA – Liquid Intelligent Technologies, a unit of Cassava Technologies which is a leading pan-African technology group, has announced the deployment of its new and affordable gaming bundles in Zambia to encourage the gaming and e-sports industry in the country. The launch of these bundles aims to attract a growing and loyal gaming and e-sports market, harness developers and gaming…

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Safaricom to put up US$100m data center in Ethiopia

ETHIOPIA – Mobile network operator Safaricom is deploying a new prefabricated data center in the Ethiopian capital Addis Ababa, as the telco begins to launch operations in the country. Anwar Soussa, managing director of Safaricom Ethiopia, said in December 2021 the company’s first data center has arrived in Addis and the company is working on its network rollout. “At such…

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