Huawei Technologies is positioning itself to get more business in Ethiopia, as the East African economy opens up its telecommunications sector.
Ethiopia opened the doors on Friday for telecommunications operators wishing to secure two new licences to submit their technical and financial bids.
Huawei Technologies, already getting squeezed out of Europe’s vast market for the next generation of telecommunications equipment, is under siege in another fast-growing business: cloud computing.
Standard Bank Group is planning to scale up some of its operations and further digitise its systems to fend off fintech firms encroaching on its client base.
Africa’s mobile phone operators are ramping up plans to bring banking to millions of Africans, in some cases for the first time, after the coronavirus crisis caused a surge in use of digital financial services.
The head of the French cybersecurity agency Anssi said there would not be a total ban on using equipment from Huawei in the roll-out of the French 5G telecommunications network.
The United Nations is partnering with MTN, Vodacom, Orange and Airtel on a mobile data platform that delivers coronavirus-related information around Africa.
Stephane Richard, the CEO of French telecommunications giant Orange, wants to step up its presence in Africa and is mulling an entry into South Africa.