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MTN Group to Invest $215 Million in Benin’s Infrastructure After a Successful 5g Trial
MTN Group has committed to investing $215 million in infrastructure in the Republic of Benin over the next three years.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Safaricom Triples M-Pesa Users in Ethiopia to 3.1 Million
Safaricom’s Ethiopia subsidiary launched the mobile money service on August 15 last year.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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MTN to Disconnect Globacom Customers over 15 Years of Interconnect Debt in Nigeria
The NCC in a notice on Monday, said it has now approved partial disconnection of Globacom from MTN Nigeria Communications Plc due to non-settlement of interconnect charges.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Report: Mobile Money Transactions in Kenya in 2023 Declined for the First Time in 17 Years
It remains uncertain whether the decline in mobile money transactions might impact Kenya's Gross Domestic Product (GDP) given that mobile money agents reportedly handle approximately 60% of the country's GDP.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Report: Nigeria Increases Financial Inclusion But Still Far from Goal
Nigeria has struggled for nearly a decade to revive an economy hit by flagging crude revenue and an acute dollar shortage.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Orange Withdraws from Ethio Telecom Sale Process
The France-based operator group explained it would not move forward with a plan to attempt to acquire a 45 per cent stake in the Ethiopian business.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Kenyan Businesses Are Dropping the World’s Favorite Mobile Money Service
The shift by businesses away from M-Pesa payments is a remarkable turn in a country known for pioneering mobile money, and where the service is ubiquitous.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Report: 95% of Fintech Apps Across Africa Immediately Expose Valuable, Exploitable Secrets
Approov, the end-to-end mobile security provider, released a report showing that 95 percent of the most popular African banking and financial services apps contain easy-to-extract secrets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa