-
MTN’s successful IPO in Ghana shows the far-reaching potential of mobile money in Africa
MTN successfully pulled off a first: a historic initial public offering done mainly through mobile money.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
-
Fenix International outpaces industry growth to reach 150,000 Zambians in 9 months
Pay-go energy company Fenix International, part of global utility Engie, has reached 30,000 Zambian households just 9 months after expanding into the country in partnership with telecom MTN.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
-
Tidal launches in Africa—in countries known for banning music
In partnership with Africa’s largest mobile company MTN, Tidal announced its presence with a launch party in Uganda’s capital Kampala on Aug. 22. The music and video service was already available on the continent. This is the first time it’s specifically targeting African subscribers.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
-
Seeking a Happy Ending: Will Nigeria’s New and Improved Financial Inclusion Strategy Work Better Than the Last One?
Nigeria's Central Bank has finally admitted something it had been hinting at for months: The 2020 goals described in its National Financial Inclusion Strategy are not feasible. Building off the wins and learning from the shortcomings of that strategy, the country is now setting new goals and targeting new gains in financial access. Olayinka David-West and Ibukun Taiwo of the Lagos Business School share their five recommendations for the next phase in Nigeria’s efforts to reach the unbanked.
- Categories
- Finance, Telecommunications
-
Why Airtel, Telkom have failed to whittle down Safaricom market share
Airtel Africa boss Raghunath Mandava had a rare chance to get excited last week when results of the Indian telecommunications giant were released. The chief executive officer, who had seen the African business lose so much money that his parent company Bharti Airtel started considering pulling out of some key markets on the continent, had for the first time a different story to tell investors.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
-
M-Pesa puts Safaricom on Fortune’s ‘Change the World’ firms listing
The American multinational business magazine says the mobile money transfer service Safaricom and Vodafone launched in 2007 now claims more than 30 million customers in 10 countries, mostly in remote areas far from banks.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
-
Chinese e-commerce giant to begin services in Pakistan this year
At the moment, Ant Financial is undergoing an approval process from the State Bank of Pakistan and the Competition Commission of Pakistan.
- Categories
- Finance, Telecommunications
- Region
- South Asia
-
Telcos in Rwanda want government to allow them roll out cross-network mobile money transfer
Approval for mobile money interoperability will allow the service providers to begin commercial negotiations, “agree on tariffs and sign agreements with an independent switch provider,” and offer services across networks.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa