In a significant stride towards enhancing telecommunications infrastructure across Africa, Telecom Egypt, a prominent telecommunications firm, has partnered with Huawei to lead the way in innovative technologies. These initiatives include pioneering Africa's inaugural DWDM 1.2Tbps single-channel lab test, preparing for 5G implementation, and successfully concluding the continent's first 50G PON trial.
Ethio Telecom, the public telecommunications company, launched its 5G mobile services in Dire Dawa, Ethiopia's second-largest city by population.
The International Finance Corporation (IFC) signed a new cooperation agreement with Vodafone M-PESA Mozambique. The agreement aims to explore opportunities for expanding Vodafone's mobile payment services into rural areas, benefiting small-scale farmers.
Safaricom Telecommunications Ethiopia PLC has partnered strategically with Ethiopian Airlines, the national flag carrier, to integrate MPESA into the airline's fly gate payment system.
Mastercard has successfully finalized the acquisition of a minority stake in the fintech arm of MTN Group, a leading mobile operator.
The National Telecommunications Regulatory Authority (NTRA) has granted Telecom Egypt the country’s first license to install and operate 5G networks for mobile phones for USD 150 Million. The 5G license will be valid for 15 years.
Qvantel, a leader in Digital BSS, announced that it has been awarded a contract by multinational technology company SATEC Group to provide Qvantel Flex BSS to Telecom Namibia to support its digital transformation strategy.
Vodafone and Microsoft have entered into a strategic partnership with a 10-year duration, aiming to delve deeper into generative AI, digital services, and cloud solutions. This collaboration, outlined by Vodafone, is anticipated to significantly enhance services for more than 300 million businesses, public sector organizations, and consumers spanning Europe and Africa.
MTN South Africa has collaborated with the Gauteng Provincial Community Police Board to address the escalating issue of theft and vandalism of cellphone tower infrastructure nationwide. This partnership aims to empower Community Policing Forums to combat such crimes, particularly the theft of batteries and cables from cell towers in various regions of South Africa.
Safaricom, M-PESA Africa, and Sumitomo Corporation have extended an invitation to early-stage tech startups to participate in the ‘Spark Accelerator program.’ This initiative is designed to accelerate the growth and scalability of these startups through a comprehensive three-month accelerator program. The program will offer training, mentorship, funding, and go-to-market support, positioning the participating ventures for long-term success.
