Business

Fintech lifts MTN Group in tough Q1 performance

MTN Group’s fintech revenue grew year on year, boosted by outstanding performance in Ghana, Cameroon, and South Africa.
Samuel Mungadze
1:00

MTN Rwanda launches biodegradable SIM cards

The telco says this initiative marks a significant to protect the planet and promote sustainable business practices.
2:00

Vodacom passes 200m subscriber mark across Africa

The telco celebrated its 30th anniversary by promising to expand its financial services, which have become a lucrative business for the company.
1:30
10 May

Camtel, Angola Cables pact to boost connectivity

The two companies say the agreement signifies an important step in advancing telecoms and digital connectivity in Africa.
2:10

Joanna Govender honoured for African tech advocacy

The Empire Partner Foundation CEO scoops the 2024 Global Recognition Award for her efforts to use technology for social impact.
1:40

Airtel reports losses of $89 million due to inflation

Airtel expressed concern about the Nigerian naira devaluation in June 2023 and earlier this year, as well as the Malawian kwacha devaluation in November 2023.
1:40

Access Bank, MasterCard partner on cross border payments

The two companies have launched a unified cross-border money movement solution, enabling users to send and receive payments to and from 150+ countries.
1:50

Safaricom earnings surpass billion-dollar mark

The telco's earnings hit $1 billion, becoming the first company in the region to surpass the billion-dollar mark.
1:10

Vodacom offers connected car tracker in Lesotho

Introduced during a press conference in Maseru this week, Vodacom hopes the smart tracking solution will improve asset management and security.
1:40
9 May

MTN Rwanda invests millions on network upgrades

Providing its quarterly financial results, the telco says it completed the modernisation of 140 network sites in different parts of the country during the quarter.
3:10

Nigeria scoffs at Binance's bribery allegations

The Nigerian Ministry of Information and National Orientation dismissed bribery allegations as Binance's well-coordinated public relations operation to repair its tarnished reputation.
3:00

South Africa’s online retail market crosses $3bn mark

According to a new report, this development marks a 29% increase from 2022, putting the sector on track to surpass $5 billion by 2026.