Africa & Middle East – Page 11
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Products & Services
Safaricom launches M-PESA in Ethiopia, aims to mirror Kenyan success
Safaricom Ethiopia sets m-money platform live after three-month trial and Hibret Bank partnership.
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Network & Infrastructure
Vodacom connects 2Africa in latest subsea expansion
Vodacom sets Mozambique landing station live as 2Africa progress continues.
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Operations
Orange ‘shutters Silicon Valley base’ amid strategic refocus
Operator reported to have closed Silicon Valley offices after more than 20 years as part of cost review.
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Public Affairs
State of emergency provokes Safaricom Ethiopia network shutdown
Operator shuts down sites in Ethiopia’s second most populous region, Amhara, after conflict breaks out between military and Fano militia.
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Operations
American Tower eyes solar power play beyond Africa and India
American Tower’s investments in solar energy generation have reduced the use of diesel fuel for off-grid sites and lowered carbon emissions.
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M&A
Vodacom’s fibre plans knocked back by SA antitrust findings
South Africa’s Competition Commission recommends against regulatory approval, but Vodacom assures investors that the altnet consolidation plans are not finished.
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Premium
Vodafone Peoplewatch: Vantage recalibrates board, elects new Chair
July 2023 update: Vantage Towers downsizes Supervisory Board, with Pierre Klotz replacing Rüdiger Grube as Chairman.
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People
Latest Orange people moves: new CFO recruited in Luxembourg
Adrien Pottier named finance chief at Orange Luxembourg after more than 12 years with the operator.
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M&A
e& weighs 20% Vodafone stake, but keeps investment options open
e& testing the waters with regulatory and competition authorities in multiple countries on raised stake, with “no red flags” raised yet.
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Strategy & Change
Orange CEO downplays Ethiopia ambitions
Heydemann currently sees little opportunity for value creation in Ethiopia under current conditions. Read more about Orange’s MEA powerhouse strategy and Q2 performance, incl. Orange Money…
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Financial & Performance
Q1 FY23–24: Vodafone’s turnaround trudges on as Della Valle heralds ‘first steps’
CEO Margherita Della Valle claims early efforts are starting to bear fruit as the Group posts revenue growth.
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Financial & Performance
Vodacom boosts revenue as Egypt proves its worth
Group’s Q1 results showcase strength of Vodafone Egypt addition, but revenue growth recorded with or without the North African OpCo.
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Partnerships & Alliances
Safaricom commits to Ethiopia’s digital transformation agenda
STE, JICA, and Sumitomo add signature to collaboration agreement as state seeks to further Digital Ethiopia 2025 strategy.
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M&A
Telefónica puts Nabiax stake 'up for sale'
Report from Reuters indicates Asterion has appointed banks to explore divestment of Nabiax, potentially including Telefónica’s remaining 20% stake. Speculation closely follows sale of Nabiax’s Americas portfolio, marking a shift of focus onto Spanish market.
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Premium
Vodafone Q1 FY23-24 Headlines: Europe battles on despite stumbles at the top
European markets battle on but Germany, Italy, and Spain still faltering.
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Network & Infrastructure
Vodacom pledges more cash for network and backup power expansion
Vodacom investing in network and power backup upgrades in South Africa’s Eastern Cape.
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Network & Infrastructure
Vodafone spreads Qwilt to network edge
Scalable open CDN solution said to provide end-users on Vodafone network with responsive, low-latency streaming services.
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Financial & Performance
BII lauds digital infra investment impact in tough economic climate
BII CEO Nick O’Donohoe sees private sector funding as critical to delivering long-term, sustainable solutions that grants alone cannot provide.
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Financial & Performance
Kenya “talent war” rages as Safaricom focuses on skills
Kenyan operator warns that the talent pool must grow wider and deeper to achieve digital transformation ambitions.
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Network & Infrastructure
Orange maintains 5G momentum with launch in Jordan
The Group has now launched 5G in nine countries, of which two are in Middle East and Africa. Orange Europe CMO hints at imminent 5G standalone launches after Spain.