MTN Uganda is seeking input from stakeholders on a plan to structurally separate its mobile money service, MoMo, from its core telecoms business. According to the company, the proposed change will be discussed at the upcoming extraordinary general meeting on July 2. If approved,...
A powerful consortium of telecom leaders, including PCCW Global, Sparkle, Telecom Egypt, and Zain Omantel International (ZOI), announced a groundbreaking partnership to construct the Asia-Africa-Europe-2 (AAE-2) subsea cable system, set to revolutionize global connectivity. The companies formalized their collaboration through a Memorandum of Understanding...
Ghana’s Minister for Communication, Digital Technology, and Innovations, Hon. Samuel Nartey George, unveiled a 10-15% increase in data bundle values across all mobile networks, effective July 1, 2025, to address persistent concerns over pricing and service quality in the telecommunications sector. Speaking at a...
Moniepoint Inc., a leading Nigerian fintech, has received regulatory approval from the Competition Authority of Kenya (CAK) to acquire a 78% stake in Sumac Microfinance Bank, marking its potential entry into the East African market. The deal, still pending finalization, could position Moniepoint as...
Equinix, the global digital infrastructure giant and parent company of MainOne, has highlighted both the rapid progress and lingering challenges facing digital infrastructure development in West Africa. Wole Abu, Equinix’s Managing Director for West Africa, acknowledged strides made in Nigeria, Ghana, and Côte d’Ivoire,...
MTN Ghana reported a stellar performance in the first quarter of 2025, with service revenue surging by 39.6% to GHS5.3 billion (over $517 million) and its subscriber base growing by 5.2% to GHS29.2 million ($2.8 million). The telecommunications giant credited its success to artificial...
Kenya emerged as a dominant force in Africa’s startup ecosystem for the second consecutive year, raising $638 million in 2024. This dominance accounted for 88% of East Africa’s total funding and 29% of the continent’s overall startup investment, placing Kenya ahead of Nigeria, Egypt,...
Digital Realty the world’s largest provider of cloud- and carrier-neutral data center solutions, has announced the appointment of Paula Cogan as Managing Director, Head of EMEA. In her new role, Cogan will lead the company’s EMEA team, driving the expansion of its regional data...
Mastercard has opened its first office in Accra, Ghana. This move underscores the global payment company’s commitment to fostering a vibrant digital economy in the region by introducing innovative financial products and services tailored to the Ghanaian market. Establishing a physical presence in Ghana...
As the frequency and sophistication of cyber threats continue to rise globally, Ghana has witnessed a surge in efforts to combat cybercrime, notably with the establishment of the Cyber Security Authority (CSA) in 2020. Besides the CSA, the country has also seen multiple cybersecurity...