Orange Group reveals the financial results of full-year 2021, with 42.5 billion euros worth of revenues, up by 0.8%. This is driven by the solid performance of the Middle East and Africa (MEA) region at 10.6% and a strong increase in equipment sales at 8.5%.
MTN Nigeria Communications Plc (MTN) announces its audited results for the financial year ended 31 December 2021 and declared a turnover of N1.7 trillion for full-year 2021, a milestone that analysts believe will consolidate its position as Nigeria’s biggest listed company by revenue.
Cairo, 14 February 2022: Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, and GRID Telecom, subsidiary of the Independent Power Transmission Operator (IPTO) in Greece, signed a strategic Memorandum of Understanding (MoU) to connect Greece and Egypt using submarine cable infrastructure.
Orange’s board of directors has appointed Christel Heydemann as chief executive officer of Orange with effect from 4 April 2022.
Liquid Intelligent Technologies, a business of Cassava Technologies, a pan-African technology group, has announced a strategic partnership with Teridion, a superior cloud-based global connectivity platform.
All signals are almost green for the arrival of Christel Heydemann at the head of Orange, possible on April 1, the choice to be ratified soon at a board of directors of the operator. Only a few final "technical details", such as remuneration, remain to be finalized.
Orange announced its participation in the SEA-ME-WE 6 (Southeast Asia-Middle East-Western Europe 6) consortium, for the construction of a new so-called "express" submarine system which will directly connect France, from Marseille to Singapore.
MTN Group’s commitment to improve our environmental, social and governance ESG performance has led to a significant upgrade in the Group’s ESG rating by FTSE Russell, and the inclusion of MTN in the FTSE/JSE responsible investment top 30 index.
Etisalat Misr and Honeywell signed a Memorandum of Understanding (MoU) to develop advanced solutions for smart buildings, communities and cities in Egypt. The companies will collaborate to build a cloud-based IoT platform to help further the advancement of both greenfield and brownfield projects across Egypt.
In December 2021, Orange signed an EaaS (Energy as a Service) contract with Engie, a multinational utility company to convert the (Groupement Orange Services) GOS to solar power by installing a solar plant on rooftops and solar carports, for a total installed capacity of 355 kWp, to reduce its environmental footprint, minimize the share of commercial electricity from non-renewable sources and avoid using fuel generators (fossil energy that emits CO2). The commissioning is scheduled for the second half of 2022.
