MTN Rwanda's recent financial performance demonstrates resilience amid economic and regulatory challenges. While the telecom operator recorded a full-year loss of Rwf 5.5 billion after tax, it achieved a remarkable turnaround in the final quarter, posting a profit after tax of Rwf 5.3 billion—a 328.9% increase compared to Q4 2023. This late recovery signals promising prospects ahead, with growth in the fintech sector and strategic operational adjustments playing a key role.

Read more: MoMo Fuels MTN Rwanda’s 30.3% Revenue Growth

Ethio Telecom is continuing to drive Ethiopia’s digital transformation with the launch of seven cutting-edge, cloud-based enterprise solutions. These services empower businesses and institutions by enhancing operational efficiency, fostering financial inclusion, and modernizing key industries.

Read more: Ethio Telecom Launches Cloud-Based Enterprise Solutions to Drive Digital Transformation

Safaricom M-PESA, along with other financial service provider, has signed a Service Level Agreement (SLA) with the Ministry of Health (MoH) of Ethiopia to transform healthcare payments through a secure, efficient, and scalable digital payment system. This partnership aims to enhance financial inclusion, streamline healthcare payments, and improve service delivery nationwide.

Read more: Safaricom Partners with Health Ministry to Digitize Healthcare Payments

Telecom Egypt has announced the signing of several landmark service agreements with Orange Egypt at enhance strategic cooperation between the two companies. These agreements will enable Orange Egypt to improve its technological services and better meet the needs of its customers. This collaboration highlights the rise in technological investments in the Egyptian market, prioritizing strong digital infrastructure, and expanding advanced service offerings.

Read more: Telecom Egypt & Orange Egypt Partner for Transmission and Infrastructure Services

Algeria is turning to artificial intelligence (AI) to drive economic growth. The Minister of Post and Telecommunications, Sid Ali Zerrouki, announced his sector’s ambition to achieve a 7% GDP contribution through AI by 2027. To support this goal, Algérie Télécom plans to launch an investment fund dedicated to startups specializing in AI, cybersecurity, and robotics.

Read more: Algeria Bets on Artificial Intelligence to Boost Its Economy

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