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.

MTN Nigeria 2024 losses widen to ₦400 billion in two years

Fintech revenue grew to ₦106 billion, with a 46.6% drop in active mobile money wallets.

MTN sells Guinea unit, exits underperforming market

The deal is part of MTN's strategy to streamline its portfolio and focus on higher-growth markets

Africa’s 5G pioneer hits over $1 billion valuation

On the back of this development, ARC has pumped an additional ZAR 81 million ($4.2 million) into the telco

Telesom has claimed Somaliland’s first 5G network

The East African market looks determined to compete on the global stage and charts a course towards technology

Interconnect charges debt dispute between GLO and MTN lingers

The multimillion Naira interconnect charges debt between leading Nigerian telcos, MTN and GLO is back. NCC has asked MTN to disconnect GLO users from making calls to its network after the next ten days.

A top-tier South African telco is handing over control of its assets

Cell C has had sustainability challenges since entering the market in 2001, and struggled to match investments by its closest rivals.

Ex-NIBSS CTO at NCC: Will Nigerian telcos and banks finally call a truce?

The former director of tech and ops at NIBSS is now leading the Nigerian Communications Commission. Can his expertise resolve the USSD debt dispute between telcos and banks?

Nigerian government suspends 5% telecoms tax

President Bola Tinubu has suspended the implementation of 5% excise duty on telecom services to address business unfriendly fiscal policy measures and multiplicity of taxes.

BD Insider 162: Nigerian banks owe telcos ₦120 billion USSD debt

We are starting the week with two funding news. Pan-African asset financing platform, M-Kopa has secured over $250 million in new funding. The investment includes $55 million in equity and over $200 million in debt, according to reports. It is one of the largest combined debt and equity funding that has been raised in the […]