President Joao Lourenco has repeatedly vowed to steer Angola into a new era of transparency. Last week, he missed a golden opportunity to deliver on that promise.
Jumia Technologies raised $196-million in an initial public offering in New York, as the Africa-focused online retailer looks to boost its profile and expand an ever-growing customer base.
MTN Group was awarded additional broadband spectrum in Nigeria related to its 2015 acquisition of Visafone Communications following a lengthy regulatory battle.
Often tagged as Africa’s Amazon.com, Jumia has been able to grow in markets largely untapped by the US heavyweight, which is hampered by a lack of distribution infrastructure on the continent.
MTN South Africa has launched a trial indoor 5G network solution at the Kyalami Grand Prix Circuit and International Convention Centre in Johannesburg, the telecommunications operator said on Wednesday.
Jumia Technologies said on Monday that Mastercard has agreed to invest €50-million in a private placement ahead of the Africa-focused online retailer’s planned initial public offering in New York.
Snapp, also known as the Uber of Iran, said its ride-hailing app is generating two million fares a day as young people in Tehran embrace technology in a market that’s off-limits for western investors.
On the TalkCentral podcast this week, Duncan McLeod and Regardt van der Berg unpack Apple’s big services event and wonder if the company has done enough to be a meaningful competitor to Netflix.
MTN said on Friday that it will increase the price of some of its post-paid plans from 1 May and 1 June.
MTN Group CEO Rob Shuter was paid R42.9-million in the financial year ended 31 December 2018, up from R40.6-million in 2017, while other top executives were also handsomely rewarded.