Author: Akin Naphtal

MTN Ghana has recorded a crucial financial performance in the 2024 fiscal year, with service revenue surging by 34.5% to GHS 17.9 billion ($1.1 billion), surpassing its medium-term targets. The company’s strong growth was driven by substantial increases in data and mobile money (MoMo) revenues, despite macroeconomic challenges and a slight decline in voice revenue. A key driver of this performance was data revenue, which soared by 53.8% year-on-year to GHS 9.0 billion ($581 million). This growth was attributed to a 13.7% rise in active data subscribers, reaching 17.5 million, and a 19.0% increase in average megabytes consumed per user.…

Bayobab, a leading connectivity and infrastructure provider in Africa, has signed a five-year strategic agreement with Infobip to enhance its SMS delivery and security solutions across the continent. The partnership will see Bayobab leverage Infobip’s Communication Platform as a Service (CPaaS) Customer Modules and Routing management for campaign management, APIs, analytics, and SMS delivery. Additionally, Bayobab, a subsidiary of MTN Group, will utilize Infobip’s security solutions, including firewall protection, to safeguard its mobile subscribers. According to Infobip, the agreement streamlines SMS connectivity for Bayobab while reducing administrative costs. Traditionally, brands had to establish individual connections with each MTN Group Mobile…

IHS Rwanda, a subsidiary of IHS Holding Limited, has partnered with the Ministry of ICT and Innovation (MINICT) to launch the Digital Talent Program (DTP), a key component of the Government of Rwanda’s One Million Coders (OMC) initiative. The program was officially launched on February 26 at Club Rafiki in the Nyarugenge District. DTP is a youth-focused training initiative aimed at developing a digitally skilled workforce to meet the demands of Rwanda’s evolving digital economy. The initiative aligns with the One Million Coders program and contributes to the government’s goal of equipping 1,000,000 Rwandans with essential digital skills, while training…

Teraco, a Digital Realty Company and provider of interconnection platforms and vendor-neutral colocation data centers, today announced that it has signed a power purchase agreement (PPA) with South African-based integrated energy aggregator NOA to supply wind-powered renewable energy to Teraco’s data centers. Teraco, which announced late last year that it had commenced construction on its own 120MW solar PV plant in the Free State, has signed this PPA to complement its renewable energy program with wind power. The agreement provides Teraco and NOA with the flexibility to grow renewable energy offtake as both companies evolve to meet increasing demand. Wind…

MTN Group Fintech has named Network International as its official payment processing partner, a move set to enhance digital financial services across Africa. The collaboration strengthens Network International’s presence in the region, expanding its portfolio of issuer processing services. With operations in over 50 countries and partnerships with more than 250 financial institutions, the company aims to leverage its expertise to support MTN Fintech’s growing mobile financial services ecosystem. MTN Group, which serves over 288 million customers across 14 African markets, confirmed that the partnership will facilitate the rollout of card issuance products in key markets. Rwanda has already gone…

Digital Realty the world’s largest provider of cloud- and carrier-neutral data center solutions, has announced the appointment of Paula Cogan as Managing Director, Head of EMEA, effective March 17, 2025. In her new role, Cogan will lead the company’s EMEA team, driving the expansion of its regional data center platform and enhancing the value of PlatformDIGITAL™, the world’s largest global data exchange hub. Cogan brings over two decades of experience in European telecommunications and infrastructure. Before joining Digital Realty, she served as CEO of euNetworks, a leading bandwidth infrastructure company. She has also held executive roles at Colt Technology Services…

Ericsson has announced significant changes to its Executive Team and Market Area structure, set to take effect on March 15, 2025. The restructuring aims to enhance operational efficiency and strengthen the company’s market leadership. Leadership ChangesPer Narvinger, currently Head of Business Area Cloud Software and Services, has been appointed Executive Vice President and the new Head of Business Area Networks. Narvinger, who has been with Ericsson since 1997, joined the Executive Team in 2022 and has played a key role in driving the company’s cloud and software strategy. Replacing Narvinger as Head of Business Area Cloud Software and Services is…

Ericsson and Comsol have showcased their private 5G solution at the African Mining Indaba conference, highlighting its potential to drive digital transformation in the mining sector. The two companies are leveraging advanced connectivity to enhance safety, communication, and operational efficiency through autonomous or remote-controlled vehicles, asset tracking, and improved worker connectivity. Addressing Connectivity ChallengesIn a joint statement, Ericsson and Comsol noted that mining operations often face connectivity hurdles, including hard-to-reach service areas, network congestion, and Wi-Fi limitations. These challenges have slowed the adoption of smart mining solutions. To address these issues, the companies presented their private 5G technology, designed to…

In a strategic move to accelerate Nigeria’s digital transformation, the National Information Technology Development Agency (NITDA) has signed a Memorandum of Understanding (MoU) with fintech leaders Flutterwave and Alami. The partnership aims to drive innovation in financial technology, enhance digital literacy, expand infrastructure development, and promote open-source technology. The agreement was signed during a high-level meeting attended by NITDA’s Director-General, Kashifu Inuwa Abdullahi, Flutterwave CEO Olugbenga Agboola, and Alami CEO Olu White. The collaboration underscores the commitment of both the public and private sectors to strengthening Nigeria’s digital economy in line with President Bola Tinubu’s Renewed Hope Agenda. According to…

A new report by Visa has shed light on the increasing adoption of digital payments among small and medium-sized enterprises (SMEs) in Kenya, signaling a shift towards more efficient and secure transaction methods. The study, titled Value of Acceptance: Understanding the Digital Payment Landscape in Kenya, found that 40% of SMEs have embraced digital payment solutions in the past two years. The adoption is largely driven by the recognition that investments in payment technologies—such as card payments, mobile wallets, and digital transactions—are critical for business growth. According to the report, SMEs cite convenience (40%), cost savings (38%), and greater efficiency…