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TerraPay, a global payments infrastructure company, has announced its association with MTN Mobile Money Uganda Limited, a telecom operator in Uganda and part of the MTN Group. The partnership will enable  MTN Mobile Money Uganda Limited in facilitating international digital cross border remittances and speedy money transfers to beneficiaries in regions such as India and China. Since 2020, TerraPay has...

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MTN Group has announced that the Securities and Exchange Commission (SEC) has approved an offer for sale of up to 575 million ordinary shares in MTN Nigeria, by way of a bookbuild to qualified investors (Institutional Offer) and a fixed price to retail investors (Retail Offer). The Institutional Offer opens on 23 November 2021 and...

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After a year and a half of preparation, Nigeria is on the verge of joining the list of African countries where 5G is operational. The Ministry of Communications and the Digital Economy and the telecoms regulator have worked hard to materialize this qualitative leap. The Communications Commission of Nigeria (NCC) announced on Saturday, November 6, the...

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Pan-African mobile carrier MTN Group has released its quarterly trading update for the three months ended 30 September 2021, highlighting a 19.1% year-on-year increase in consolidated service revenue. The Johannesburg-based company also noted that EBITDA was up 24.1% y-o-y while its EBITDA margin improved by 2.1 percentage points to 45.0%. In the filing it claimed that its quarterly performance ‘was delivered...

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Last year, in the midst of the Covid-19 crisis, Unicef ​​launched a new global initiative to ensure that millions of children have access to quality education through the Internet. The project has just recorded one of its first financial contributions directed towards Africa. Airtel Africa, the African branch of the Indian telecoms group Bharti Airtel, and...

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Telecom operators are increasingly looking to establish themselves in the streaming sector, which is a means of increasing revenues, among other things. But this turns out to be complicated, in particular because of the lack of dedicated platforms to help them in this regard. MwareTV, a cloud-based television platform, has just revealed a new end-to-end TV...