Kenya’s Safaricom stake sale: what it means for its digital future

Kenya's decision to reduce its stake in Safaricom could reshape East Africa's tech landscape. The move may have profound implications on innovation and public infrastructure.

EXCLUSIVE: Airtel locks in Madagascar future with $32.5M, 15-Year license

This strategic investment underscores Airtel's intent to solidify its footprint in a market characterised by a robust and growing ICT sector, despite Madagascar's broader economic challenges.

Naira Boost, improved revenue drives IHS Towers to profitability since 2021

The improving backdrop in Nigeria, marked by greater stability in the naira and recent tariff increases, is bolstering confidence.

Airtel Africa defies devaluations, posts $328M profit in FY ’25

Voice revenue regained control, rising to $1.96 billion and towering data revenues of $1.80 billion. Mobile money revenue grew to $994 million, with a continued strong performance in East Africa of 31.9% and Francophone Africa of 22.2%

Legend Internet debuts on NGX, seeks ₦150 billion for fibre rollout

"Our growth thesis is simple: Nigeria's broadband future sits in the last mile. It is critically underserved, but Legend has built a sustainable and well-positioned model to lead the change," Aisha Abdulaziz, chief executive officer (CEO) of Legend Internet said.

US tariffs could derail Africa’s telecom growth, MTN CEO warns

MTN Group CEO Ralph Mupita has warned that new US tariffs on telecom equipment could increase infrastructure costs and slow network expansion across Africa.

9Mobile addresses service challenges amid subscriber concerns

9Mobile addresses service disruptions and subscriber concerns amid a sharp decline in users, denying shutdown rumors while working on infrastructure upgrades.

MTN Group gains $15.8 million from Guinea-Bissau Sale, reports loss on Guinea-Conakry

This transaction aligns with MTN's strategic divestment from smaller West and Central African (WECA) markets.

IHS Towers narrows losses to $1.64 billion in 2024 amid Nigerian currency volatility

Since its 2021 New York Stock Exchange listing, IHS Towers has faced investor pressure due to persistent losses, resulting in a significant market value decline

Tizeti accelerates West African expansion with fiber deployment

"In areas where we have unlimited internet service; we have achieved a minimum of 80% penetration in all communities," said founder and CEO of Tizeti, Kendall Ananyi

EXCLUSIVE: MTN’s MoMo PSB courts old users via voice calls

This low-cost customer acquisition strategy follows a restructuring of MoMo’s sales incentives, aimed at optimising monetization and reducing acquisition expenses

From losses to $248 Million Profit: Airtel Africa’s impressive nine-month turnaround

Voice revenue regained control, rising to $1.45 billion and towering data revenues of $1.30 billion