Orange and the United Nations Industrial Development Organization (UNIDO) have joined forces to launch an initiative aimed at revolutionizing Egypt's mobile device and network equipment markets.
TelOne, a Zimbabwean telecommunications company, recently invested $2.4 million in upgrading its broadband network. This upgrade has allowed for increased capacity and reduced connectivity latency. Despite facing challenges from legacy loans and network vandalism affecting 30,000 subscribers, TelOne continues to invest in its network expansion. Lawrence Nkala, the newly appointed CEO, mentioned that the company has invested over $20 million in the network over the past two years. This recent upgrade optimized traffic management and routing processes, specifically in the fiber and ADSL categories. The government-owned telco is also working on developing its metro network, although cash shortages may pose a challenge.
Pursuing the government's strategic goals in information and communication technologies (ICTs) aligned with the President's commitments, the nation has marked a substantial advancement in high-speed landline internet, particularly through the adoption of "fiber to the home" (FTTH) technology.
Several devolved counties in Kenya, including Bomet, Busia, Isiolo, Kitui, Mandera, Migori, and Tharaka-Nithi, have recently gained access to internet connectivity. This expansion joins the ranks of counties like Nairobi, Mombasa, Uasin Gishu, and Nakuru, which were already connected.
In the Democratic Republic of Congo, Madagascar, and Mali, and soon in Guinea, millions of mobile users are set to enjoy free music on the Spotify platform when subscribing to an Orange mobile offer. This exciting collaboration between Orange Middle East & Africa and Spotify will introduce a new musical journey for mobile users, featuring a vast music catalog and a user-friendly interface.
Etisalat Egypt, in collaboration with Banque Misr, has unveiled a new joint e-payment venture named ‘SuperPay’, which is set to make waves in the Egyptian market.
During the past year, Telecom Egypt's consolidated revenue grew significantly, reaching EGP 42.0bn, a 30% YoY increase. This growth was driven by a nearly doubled year-on-year IDD revenue of EGP 4.3bn, thanks to increased traffic and USD appreciation.
Safaricom has announced the successful completion of its acquisition of M-Pesa Holding Company Limited from its parent company, Vodafone Group PLC, finalizing a process that began in April of this year.
M-Pesa, Africa's largest financial technology (fintech) platform, has gained 1.2 million members in Ethiopia within the first two months of launching its mobile money service. The telecommunications company confirmed this achievement in its 2023/2024 half-year results announcement.
Tecnotree has successfully implemented a Business Support System (BSS) upgrade for MTN South Sudan, marking a significant milestone in MTN's broader digital transformation initiative, Ambition 2025.