Telecom Operators

Safaricom M-Pesa has announced a strategic partnership with Ethiopian fintech startup LakiPay Financial Technologies to improve digital payment services in Ethiopia.

The supervisory board of Maroc Telecom, Morocco's leading telecoms operator, appointed former finance minister Mohamed Benchaaboun as chair of the management board, replacing long-serving Abdeslam Ahizoune.

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.

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.

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.

Vodacom has introduced Vision 2030, a five-year strategy aimed at achieving double-digit EBITDA growth—an upgrade from its previous high single-digit target.

Safaricom announced the adoption of Red Hat OpenShift as the foundational platform for its apps, including the popular M-PESA mobile payment system.

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.

MTN Cameroon has officially appointed Wanda Matandela as its new Chief Executive Officer (CEO), marking a significant milestone for the company as it continues to expand its footprint in the telecommunications sector.

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.