Telecoms

EXCLUSIVE

Kenya to sell part of 35% stake in Safaricom to raise part of $1.16bn

Safaricom office

EXCLUSIVE

South Africa may bend telecom rules for Elon Musk’s Starlink

Elon Musk

EXCLUSIVE

Vodacom bets R20bn on 5G and rural coverage to power South Africa’s digital economy

Vodacom

EXCLUSIVE

Cell C may go public as Blue Label eyes JSE listing

Cell C building

EXCLUSIVE

Airtel Africa to buy back $55M in shares after postponing IPO

Airtel Africa

EXCLUSIVE

MTN Nigeria and Ghana drive MTN Group’s 33% profit surge in Q1 2025

MTN signpost

EXCLUSIVE

Safaricom defies regional headwinds with 11% profit surge amid Ethiopia expansion

Safaricom office

EXCLUSIVE

Safaricom explores satellite partnerships as competition with Starlink intensifies

Safaricom office

EXCLUSIVE

Airtel Africa reports $145 billion in mobile money transactions

An Airtel store

EXCLUSIVE

MTN and CSCS launch *7270# USSD code to make stock trading accessible

MTN's office

EXCLUSIVE

MTN Nigeria records ₦133.7b profit in Q1 2025; first since 2023

MTN's office

EXCLUSIVE

What is Legend Internet, Nigeria’s newest broadband player on the NGX?

Legend Internet CEO with the leadership of the NGX

EXCLUSIVE

Maroc Telecom’s Q1 profit dips 5.9% amid regulatory penalties and rising costs

Maroc Telecom's building

EXCLUSIVE

Djibouti positions itself as East Africa’s digital gateway through submarine cable investments

Subsea submarine cable

EXCLUSIVE

MTN confirms cybersecurity breach across Africa

MTN

EXCLUSIVE

Southern Africa wants flat roaming fees across region to boost cross-border connectivity

call

EXCLUSIVE

MTN leadership reshuffle hits Rwanda and South Sudan

MTN's office

EXCLUSIVE

Niger State scraps Right of Way fees to drive rural broadband expansion

internet fibre cable

EXCLUSIVE

30% black ownership: Vodacom backs Starlink ban in South Africa

Elon Musk Starlink

EXCLUSIVE

Starlink receives 10-year license to operate in Lesotho as South Africa pushback continues

starlink-square-dish

Kenya is set to reduce its stake in Safaricom to raise funds through privatisation. The move targets over $1 billion in revenue for the 2025/26 financial year.


South Africa is considering bending its telecom equity rules for Elon Musk’s Starlink, potentially trading regulatory consistency for diplomatic and tech investment gains.


Blue Label is planning a JSE listing for Cell C as part of a sweeping financial overhaul that aims to stabilise Cell C’s long-troubled finances.


Airtel Africa is initiating a $55 million share buyback, part of a broader $100 million programme, following a $328 million profit rebound.


MTN Group reported a 33% profit surge in Q1 2025, fuelled by strong performances in Nigeria and Ghana, where booming data and fintech revenues led to major earnings growth.


Safaricom recorded an 11% rise in net profit to $540 million for FY2024, driven by solid Kenyan performance and a sharp decline in Ethiopian losses. Group revenue hit $3 billion, bolstered by M-Pesa and mobile data.


Airtel Africa processed $145 billion in mobile money transactions in FY25, with user growth and expanding financial services driving a 29.9% revenue increase in that segment.


CSCS, in partnership with MTN Nigeria, has launched a USSD code (*7270#) to enable investors without Internet access to monitor and manage their investments.



Maroc Telecom’s earnings slipped in Q1 2025, highlighting the tough operating environment for African telecoms as regulatory hurdles and economic pressures reshape the industry.


Djibouti has started the process to land ten submarine cables on its shores in its bid to become the digital gateway for East Africa.


MTN has reported a cybersecurity breach impacting customer data in select African markets. Core systems are safe, but the incident highlights rising cyber risks as Africa’s digital economy expands.


SADC is pushing for EU-style flat roaming charges across 16 member states. The initiative promises lower costs and better connectivity for consumers but presents financial and technical challenges for telecom operators. Regulatory alignment and infrastructure upgrades will be key to success.


MTN swaps CEOs in Rwanda and South Sudan. Mapula Bodibe heads to Juba, and Ali Monzer moves to Kigali. The reshuffle is part of MTN’s Ambition 2025 to scale its digital and fintech play across Africa.

 


Telcos will now pay a one-time fee of ₦500,000 to lay optic fibre cables in Niger State. This is aimed at bridging the digital divide in rural areas and attracting private sector investment in Internet access.


Vodacom has shown its support for the decision of South African regulators to prevent Starlink from operating in the country.


While South Africa continues to block Starlink over similar laws, Lesotho joins other African nations embracing the service, granting the company a 10-year license to operate, signaling a key step in its digital progress. The approval followed some local pushback over the company’s lack of 30% native ownership.


Kenya to sell part of 35% stake in Safaricom to raise part of $1.16bn

After selling 25% of its stake in Safaricom in 2008, Kenya wants to sell more of what’s left of its 35% as part of efforts to raise over $1 billion in the 2025/26 fiscal year, continuing its privatisation agenda.

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South Africa may bend telecom rules for Elon Musk’s Starlink

South Africa considers easing telecom rules for Starlink, raising concerns over policy integrity as it courts US favour and faces pressure to modernise rural Internet access.

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Vodacom bets R20bn on 5G and rural coverage to power South Africa’s digital economy

Vodacom is investing R20bn to expand 5G and rural coverage in South Africa, aiming to boost digital inclusion and power the continent’s digital economy under its Vision 2030 strategy.

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Cell C may go public as Blue Label eyes JSE listing

Blue Label wants to list Cell C on the JSE in a push to revive the troubled telco. A debt-to-equity swap, asset transfers, and new ownership structures are at the heart of this financial reset.

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Airtel Africa to buy back $55M in shares after postponing IPO

Airtel Africa is launching a $55m share buyback after a major profit recovery, signalling investor confidence despite IPO delays.

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MTN Nigeria and Ghana drive MTN Group’s 33% profit surge in Q1 2025

Strong growth in Nigeria and Ghana helped MTN Group post a 33% profit surge in Q1 2025, with rising data and fintech revenues powering performance in both key markets.

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Safaricom defies regional headwinds with 11% profit surge amid Ethiopia expansion

Safaricom posts an 11% profit jump to $540 million, with reduced Ethiopia losses and strong Kenyan growth.

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Safaricom explores satellite partnerships as competition with Starlink intensifies

Safaricom is exploring satellite partnerships as competition with Starlink grows, signalling a shift in Kenya’s internet market and pushing for regulatory reforms.

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Airtel Africa reports $145 billion in mobile money transactions

Airtel Africa processed $145 billion in mobile money transactions in FY 2025. Despite currency challenges, the company posted strong gains, boosting its full-year profit to $328 million.

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MTN and CSCS launch *7270# USSD code to make stock trading accessible

CSCS and MTN have partnered to launch *7270#, a USSD code that lets users check and manage investments without internet access, boosting financial inclusion nationwide.

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MTN Nigeria records ₦133.7b profit in Q1 2025; first since 2023

MTN Nigeria posts ₦133.7bn profit in Q1 2025, ending a losing streak since 2023. Growth in data and digital services, plus Naira stability, fuel its recovery.

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What is Legend Internet, Nigeria’s newest broadband player on the NGX?

Last week, Legend Internet became the first Nigerian broadband firm to list on the NGX, floating 2B shares at ₦5.64 each and announcing plans to raise ₦150B to expand high-speed internet access nationwide.

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Maroc Telecom’s Q1 profit dips 5.9% amid regulatory penalties and rising costs

Maroc Telecom’s Q1 2025 profit fell 5.9% due to regulatory fines and rising costs, reflecting broader challenges for Africa’s telecom sector amid currency pressures and infrastructure demands.

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Djibouti positions itself as East Africa’s digital gateway through submarine cable investments

Djibouti’s strategic location has seen it pour investments worth about $200 million into submarine cables. Now it’s positioning itself as East Africa’s digital gateway.

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MTN confirms cybersecurity breach across Africa

MTN Group has confirmed a cybersecurity breach affecting customer data in some of its African markets. While core systems remain secure, the incident raises fresh concerns about data protection across the continent’s growing digital economy.

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Southern Africa wants flat roaming fees across region to boost cross-border connectivity

SADC plans to implement uniform mobile roaming charges, aiming to reduce cross-border costs, benefit consumers, and enhance regional connectivity.

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MTN leadership reshuffle hits Rwanda and South Sudan

MTN Group has reshuffled its leadership in East Africa. The move is part of MTN’s Ambition 2025 strategy to deepen its platform and fintech growth across Africa.

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Niger State scraps Right of Way fees to drive rural broadband expansion

Niger State has waived Right of Way fees to boost broadband access in rural areas, aligning with Nigeria’s digital goals and encouraging telecom investment for inclusive growth.

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30% black ownership: Vodacom backs Starlink ban in South Africa

Vodacom has backed ICASA’s decision to block Starlink in South Africa, citing the importance of BEE laws requiring 30% black ownership for telecom operators.

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Starlink receives 10-year license to operate in Lesotho as South Africa pushback continues

Starlink has secured a 10-year license to operate in Lesotho, boosting rural internet access while regulatory hurdles continue to block its entry into South Africa.

Follow the story

Kenya is set to reduce its stake in Safaricom to raise funds through privatisation. The move targets over $1 billion in revenue for the 2025/26 financial year.


South Africa is considering bending its telecom equity rules for Elon Musk’s Starlink, potentially trading regulatory consistency for diplomatic and tech investment gains.


Blue Label is planning a JSE listing for Cell C as part of a sweeping financial overhaul that aims to stabilise Cell C’s long-troubled finances.


Airtel Africa is initiating a $55 million share buyback, part of a broader $100 million programme, following a $328 million profit rebound.


MTN Group reported a 33% profit surge in Q1 2025, fuelled by strong performances in Nigeria and Ghana, where booming data and fintech revenues led to major earnings growth.


Safaricom recorded an 11% rise in net profit to $540 million for FY2024, driven by solid Kenyan performance and a sharp decline in Ethiopian losses. Group revenue hit $3 billion, bolstered by M-Pesa and mobile data.


Airtel Africa processed $145 billion in mobile money transactions in FY25, with user growth and expanding financial services driving a 29.9% revenue increase in that segment.


CSCS, in partnership with MTN Nigeria, has launched a USSD code (*7270#) to enable investors without Internet access to monitor and manage their investments.



Maroc Telecom’s earnings slipped in Q1 2025, highlighting the tough operating environment for African telecoms as regulatory hurdles and economic pressures reshape the industry.


Djibouti has started the process to land ten submarine cables on its shores in its bid to become the digital gateway for East Africa.


MTN has reported a cybersecurity breach impacting customer data in select African markets. Core systems are safe, but the incident highlights rising cyber risks as Africa’s digital economy expands.


SADC is pushing for EU-style flat roaming charges across 16 member states. The initiative promises lower costs and better connectivity for consumers but presents financial and technical challenges for telecom operators. Regulatory alignment and infrastructure upgrades will be key to success.


MTN swaps CEOs in Rwanda and South Sudan. Mapula Bodibe heads to Juba, and Ali Monzer moves to Kigali. The reshuffle is part of MTN’s Ambition 2025 to scale its digital and fintech play across Africa.

 


Telcos will now pay a one-time fee of ₦500,000 to lay optic fibre cables in Niger State. This is aimed at bridging the digital divide in rural areas and attracting private sector investment in Internet access.


Vodacom has shown its support for the decision of South African regulators to prevent Starlink from operating in the country.


While South Africa continues to block Starlink over similar laws, Lesotho joins other African nations embracing the service, granting the company a 10-year license to operate, signaling a key step in its digital progress. The approval followed some local pushback over the company’s lack of 30% native ownership.