MTN Increases Stake in Mobile Micro-Insurance Firm aYo

MTN, Africa’s largest mobile phone group, has increased its shareholding in mobile-micro-insurance firm aYo through acquisition of additional shares. In 2017, South Africa’s third-biggest insurer Momentum...
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CDC Backs Liquid Telecom With R652 Million Investment

CDC, the UK’s development finance institution, has today announced a $40 million (R652 million) equity investment in Liquid Telecom, Africa’s largest independent fibre, data...

Liquid Telecom Enables Africa’s Digital Economy

Liquid Telecom believes there is a massive opportunity to fast-track Africa’s digital economy. The continent’s biggest fibre company wants to enable entrepreneurs to be at...

Liquid Telecom South Africa Embarks on More Retrenchments

Liquid Telecom is embarking on another retrenchment exercise two months after the largest fibre company in Africa announced it was undergoing a “strategic repositioning”. The...

Africa Data Centres Completes Acquisition of Standard Bank’s Data Centre

Africa Data Centres, part of the Liquid Telecom Group, has completed the acquisition of a state-of-the-art Tier IV data centre in Johannesburg from Standard...

Econet Eyes to Build More Content Delivery Networks in Africa

Econet Media – a subsidiary of Econet Group, plans to deploy more Content Delivery Networks (CDNs) across Africa to bring global video streaming channels...

Must Read

Avon Pledge Funds To Fight Gender-Based Violence

As South Africa joins the global community in commemorating 16 Days of Activism for No Violence Against Women and Children, Avon Justine has amplified...

Africa’s Accelerating FinTech Revolution

By Greg Nott and Tristan Marot Africa is a unique continent. From its diverse cultures and languages, to its extremes in wealth and development -...

MTN’s Mobile Money Transactions Value Reaches R926-Billion

The latest data released today by MTN shows the value of MTN MoMo (mobile money) transactions was $61,2 billion (R926 billion) in the first...