In a bold step towards promoting gender diversity and inclusivity in boardrooms, Safaricom took a prominent role at The Women on Boards Network Kenya's (WOBN) 10th Annual Conference. Under the theme “Innovate Now! Inspire Always! Lead4ward!,” the event featured Peter Ndegwa, CEO of Safaricom, as the distinguished keynote speaker.
Ethio Telecom, a pioneering telecom service provider in Africa — a company at the forefront of supporting Ethiopia’s socio-economic development and playing a pivotal role in the nation's overall progress — has announced the official launch of commercial 5G services at 145 sites in Addis Ababa. This significant achievement builds on the earlier successful pre-commercial 5G mobile technology trial services in both Addis Ababa and Adama cities.
Vodacom Financial and Digital Lifestyle Services has partnered with Bidvest Bank to power the VodaPay Wallet. This collaboration enables millions of South African consumers to conduct transactions within VodaPay, a platform facilitating the transfer of money into digital wallets. The VodaPay Wallet allows users to deposit funds without incurring charges, send money, make purchases at retailers, order food and settle bills or traffic fines, all seamlessly integrated within the super app. Transactions with VodaPay occur instantly. Mariam Cassim, CEO of Vodacom Financial and Digital Lifestyle Services, emphasizes the significance of VodaPay in advancing financial inclusion and highlights the mobile wallet, powered by Bidvest Bank, as a cornerstone of their digital and financial inclusion strategy.
The MTN Foundation has launched the second edition of the MTN Women in Digital Business Challenge, offering R1 million (US$53,600) to support South African female-led digital businesses. The aim is to help women grow their tech ventures in the male-dominated ICT industry.
MTN South Africa has unveiled a strategic alliance with Eseye, a prominent global Internet of Things (IoT) service provider. The objective of this collaboration is to initially implement Eseye's cutting-edge IoT solutions in South Africa, with intentions to later extend the service to 18 MTN-operated companies throughout Africa.
Telkom Kenya’s towers have been deactivated once again, this time due to a failure to meet site leasing fee obligations with American Towers Corporation (ATC).
The Nigerian Communications Commission (NCC) has granted approval for the transfer of a 10 MHz spectrum within the 2.6 GHz spectrum range from OPENSKYS Services Limited (OS) to MTN Nigeria. This license will be eligible for renewal on April 16, 2033.
Safaricom has successfully secured a loan of up to KES20 billion (equivalent to US$137 million) from a consortium of prominent Kenyan banks. This funding will play a pivotal role in advancing the company's comprehensive sustainability plan.
The Ministry of Finance (MoF) in Egypt is currently considering selling an additional stake in Telecom Egypt, the local fixed-line telecommunications provider. The MoF is exploring the possibility of divesting between 10% and 15% of the company. It's important to mention that back in May 2023, the MoF had already sold a 9.5% stake in Telecom Egypt.
MTN South Africa has appointed Tumi Chamayou as the Chief Enterprise Business Officer and Ernest Galelekile as the Executive for Channels in Commercial Operations. Chamayou's appointment will become effective on October 1, while Galelekile assumed his role on September 1, 2023.
