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Since last year, Unitel SA has been impatient for 5G. The company has also engaged in discussions with the regulator on the availability of essential resources. It intends to offer an enhanced telecoms experience and to dominate the national telecoms market. The Angolan mobile operator Unitel SA revealed, Tuesday, October 12, that it had already invested the...

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Global telecommunications infrastructure company, IHS Holding Limited (IHS Towers) has announced the pricing of its initial public offering (IPO) of 18,000,000 ordinary shares being offered by IHS Towers, at a public offering price of $21.00 per share. According to a statement released by the firm, the underwriters of the offering will also have a 30-day option to...

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After more than a year of preparation, Africell is fine-tuning the final details before the imminent launch of its services in the Angolan telecoms market. The company, which has acquired the expertise of several international companies, intends to quickly build up solid market shares. The mobile operator Africell signed a service agreement on Friday October 8...

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The Nigerian government is waging war on its technology industry. Within the last 12 months, President Muhammadu Buhari’s administration — through different ministries and regulatory bodies — has enacted a series of bans and operational restrictions in the country’s vibrant tech ecosystem. Most recently, the Central Bank froze the accounts of four fintech platforms this August,...

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Vantage Data Centers, a large, US-headquartered data centre specialist, has announced it has earmarked R15-billion to build what it claims will be the largest data centre campus in Africa. “The 80MW campus will help foster economic growth, stimulate job creation and lead the way in energy‐efficient design,” the company said on Wednesday. The investment puts Vantage...

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The Zimbabwe government has directed banks in the country to “implement a robust automated transaction monitoring mechanism to identify debit cards being used” in a bid to combat illegal foreign currency dealings as the Zimdollar plummets. The Zimdollar has been in freefall and authorities are blaming electronic banking, plastic money and mobile money platforms for...

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Spacecom, (Tel Aviv Stock Exchange: SCC), the satellite services provider and owner-operator of the AMOS satellite fleet, today announced that it and Hungary’s 4iG Plc., the Hungarian information technology and telecommunications company (Budapest Stock Market: 4iG Nyrt.), have signed the agreement in which 4iG is acquiring a majority stake (51%) in Spacecom, through a private...

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In Vodacom’s quarterly report published last May, Agence Ecofin learned that the telecommunications leader in South Africa has decided to embark on the design of a super-application with the help of ‘Alipay, a subsidiary of Chinese Alibaba. VodaPay is all set. South African mobile operator Vodacom has officially launched VodaPay, its artificial intelligence-based super-app. The app is...