Zimbabwe's telecom market is suffering from the current economic crisis. TelOne, a parastatal telecommunications company owned by the government, recently stated that it was struggling to keep its head above water in the current economic context while operators have to deal with rampant inflation and weak local currencies like their competitors.
Telecom Operators
Algeria Telecom to Deploy Its Nationwide 5G-Ready IP Metro Network
Algeria Telecom, the leader in the Algerian telecommunications market has worked with NEC Corporation, a leading global IT and network transformation services provider, and Juniper Networks, a leader in secure, AI-driven networks, to roll out its modernized, nationwide IP metro commercial network to support current demand for increased capacity as well as future needs driven by 5G and FTTx.
The CBN Grants New MMO License in Nigeria
The Central Bank of Nigeria (CBN) has granted an Approval in Principle (AIP) to Abeg Technologies Limited, a product of Piggytech Global Limited, as a Mobile Money Operator (MMO) in Nigeria, becoming Nigeria’s first social commerce platform to secure the CBN’s AIP for an MMO license.
Cape Verde Launches EllaLink Services
The EllaLink international submarine cable in Praia, Cape Verde, went live. This event comes as the culmination of a project that was born in 2018, when Cape Verde Telecom and EllaLink announced the signature of the contract of agreement to deliver connectivity from Europe and Latin America to Cape Verde. This partnership between Cabo Verde Telecoms and EllaLink has received the support of the European Bank of Investments and the local Government of Cape Verde.
Etisalat Egypt rebrands to “etisalat by e&”
Etisalat Egypt announced it is launching “etisalat by e&” as its new brand, in line with the e& Group recent positioning as the global technology and investment conglomerate that digitally empowers societies.
Smile Communications Tanzania collects $120 million financing
Smile Group is a pan-African telecoms group that operates in Tanzania, Nigeria, Uganda, and the Democratic Republic of the Congo. It will benefit from a $120 million financing from its majority shareholder Al Nahla Group. This new capital injection will notably allow the company to expand its network footprint in Tanzania.
MTN Ghana to Postpone the 5G Pilot Phase
Selorm Adadevoh, managing director, MTN Ghana, announced that the company no longer expects to roll out the pilot of 5G network in the country as planned.
New virtual Visa card enables e-commerce opportunities in Kenya
Safaricom and Visa have unveiled a new virtual card, called M-PESA GlobalPay, that enables customers in Kenya to shop using their mobile money account at more than 100 million merchants across 200 countries through Visa’s global network. This will both open e-commerce opportunities for M-PESA customers and make it easier for Kenyans when travelling abroad.
Orange Egypt Partners with Ericsson for a Top-Notch Experience
Having recently been awarded the 2600MHz Time Division Duplex (TDD) spectrum and proceeding with an extensive rollout plan, Orange Egypt will deploy the Ericsson Antenna System to build a 2600MHz network that will improve coverage, capacity, and throughput. With better wind load, lesser weight, and high port count integration, the Ericsson antennas are also set to help Orange Egypt significantly reduce operational site expenses.
Orange Egypt and Ericsson complete mediation consolidation, upgrade and modernization
Orange Egypt and Ericsson announced the completion of Orange Egypt’s mediation consolidation, upgrade, and modernization. Ericsson Mediation is now used as the unified mediation in Orange Egypt and is considered as a central component of its enterprise architecture.