KENYA - Facebook’s founder Mark Zuckerberg says the social media network is studying the success of mobile money services in Kenya with a view to building similar products for other markets.
TANZANIA - The subsidiary of Helios Towers Africa Ltd announced the successful completion of the credit facility led by Standard Bank Group in a statement on Tuesday.
DRC - France Telecoms has completed the acquisition of 100 per cent shares of mobile operator Tigo in the Democratic Republic of the Congo (DRC) even as it edges closer to exiting the Kenyan market.
SOUTH AFRICA - MTN Group said on Thursday it expects its issues with Nigerian authorities to be resolved soon. The suspension of regulatory services in Nigeria has so far led to a more than 50% decline in its earnings.
GHANA - Right behind its headquarters in Accra is a new ultra-modern Data Centre that will house all of Tigo's network infrastructure with adequate room to host and store data for other companies.
AFRICA - Citing economies of scale, improved infrastructure and tax reliefs, among others, Samsung Electronics has sited its first two African manufacturing plants in South Africa and Egypt ahead of Nigeria.
SOUTH AFRICA - Altech Autopage has pushed back its planned shutdown date, which was originally anticipated for the end of this month.
KENYA - The Standard Group on Thursday raised its participation in the digital TV space by partnering with Lancia Digital Broadcasting, operator of Bamba TV, from Radio Africa Limited.
NIGERIA - Following the recent declaration by the International Telecommunications Union (ITU) that African governments should provide broadband access as basic rights to their citizens, the Nigerian Communications Commission (NCC) has said it is working towards a future era, where broadband internet connectivity would be provided free for all Nigerians.