Issue no 404

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CORRECTIONS:

Issue 403: African Telecoms, Media and Technology Fund to invest US$75 million in its chosen sectors plus an SME fund Two corrections: The Fund will be US$100 million and it has not yet acquired Trunking Systems but is in the process of seeking monopolies and CCK clearance for a transaction.

Telecoms

Sudatel celebrates 4 millions subscribers while increasing its capital to $2.5 billion

Sudanese incumbent Sudatel this week celebrated reaching 4 million subscribers in Sudan and raising its capital base to US$2.5 billion. Sudatel General Director Eng. Amad Aldeen Hussein said that Sudatel…


Telecoms

Senate backs up LTA to enforce new GSM licence standardisation in Liberia

In the wake of the ongoing row between the Liberia Telecommunications Authority (LTA) and GSM service providers in Liberia over GSM license standardisation, the Senate Committee on Posts and Telecommunications…


Telecoms

Vodacom launches M-cash service M-Pesa in Tanzania

Vodafone's mobile phone-based solution for transferring money is now available in the country, thanks to a partnership between Vodafone and Vodacom Tanzania. The partners commercially launched Vodafone M-Pesa in the…


Telecoms

GSM growth slows, CDMA flourishes in Morocco

According to Morocco’s telecoms regulator the ANRT, the country’s mobile phone users reached 20.62 million at the end of March 2008, up from 20.03 million at the end of 2007,…


Telecoms

Telecoms News - In Brief

- There are 1.5 billion people in emerging markets who do not currently own a mobile handset but are willing and, through appropriate business models, would be able to purchase…


Internet

Telecom Egypt and 15 Other Telecommunications Companies Sign Agreement to Build High Bandwidth Undersea Cable System from UK to India

Major operators last week signed a formal Construction and Maintenance Agreement (C&MA) to build the first direct, high-bandwidth optical-fiber submarine cable system from the United Kingdom to India. The Europe…


Internet

Kenya’s Coffee Board Bets On Online Trade to Boost Sales

The Coffee Board of Kenya is exploring the possibility of starting the third window of coffee sales which involves selling the coffee online. This comes one year after opening of…


Internet

Uganda Electricity Transmission Company to lease part of its fibre optic network capacity

The Uganda Electricity Transmission Company (UETCL) has applied to the Uganda Communications Commission to lease out part of its fibre optic infrastructure. UETCL was motivated to apply for the public…


Internet

Internet News - In Brief

- The South African government has revised its plans for an undersea cable from Cape Town to South America and will now run the cable to Europe instead. The project…


Computing

Brian Computers and Niger State Sign MoU in Nigeria

In a bid to ensure that the citizens of Niger State are empowered with IT knowledge and skills needed to face the 21st knowledge economy, Nigerian PCs assembler, Brian Integrated…


Computing

Social Security Fund in ICT Drive in Rwanda

Retired workers demanding their pensions in Rwanda Social Security Fund have reason to smile with introduction of computerised record keeping to ensure quicker service delivery. In a bid to maintain…


Computing

OSS powers South Africa’s fastest growing websites

With unique readers growing by 190 percent over the past year, Engineering News has been named by Nielson Online as South Africa’s fastest growing website. The publication’s sister sites, Mining…


Computing

Computer News - In Brief

- The growing adoption of electronic forms of payment in Nigeria has become a revolution. From less than 50,000 transactions recorded on the Interswitch network four years ago, it has…


Telecoms, Rates, Offers and Coverage

Telecoms, Rates, Offers and Coverage

- Celtel Uganda has also introduced a new rate plan for pre-paid customers, giving them more choice and flexibility. On the Chacha plan, per second billing will be at sh7…


Mergers, Acquisitions and Financial Results

Safaricom IPO Nets a Whopping Sh191 Billion

The much-hyped Safaricom's initial public offer has raked in Sh191 billion in bids from local and international investors. The amount realised is way above the targeted Sh50 billion that the…


Mergers, Acquisitions and Financial Results

Celtel Zambia IPO to start next June

Local and international investors have an opportunity of buying into yet another mobile phone company, Celtel Zambia, barely two weeks after the close of the Safaricom IPO. On offer are…


Mergers, Acquisitions and Financial Results

Subscriber growth at Orascom Egypt leads to earnings rise

Orascom Telecom, the Egypt-based regional telecom operator, yesterday unveiled positive growth in the first quarter of 2008, with revenues rising 22% year-on-year to $1.295 billion. In the three months to…


Mergers, Acquisitions and Financial Results

Onatel’s planned IPO gets IFC support in Burkina Faso

The IFC, a division of the World Bank Group has announced that it will support the upgrade of fixed and mobile networks at Onatel, Burkina Faso’s telecommunications operator. The €7.5…


Mergers, Acquisitions and Financial Results

On The Money - In Brief

- Transcorp, the majority shareholder in Nitel, has denied reports that it will sell 41% out of its 51% stake in the wireline operator, but did admit that it was…


Digital Content

Moneybox Africa to Deploy Mobile Financial Platform in Nigeria

MoneyBoxAfrica is partnering Paybox, the German based mobile payment enterprise solutions, aimed at developing a mobile banking product for everyone in Africa. A statement made available to This Day, said…


Digital Content

Easy FM Pioneers Reverse Auction service to Kenyan mobile users

Easy FM has partnered with a mobile phone service provider to offer its listeners a chance to participate in the first ever reverse bidding auction on phone. The service will…


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People

* The Association of Telecoms companies of Nigeria ATCON has re-elected new officers to run its affairs for the next one year. Dr. Emmanuel E. Ekuwem, the President of the…


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Events

* THIRD AFRICAN BANKING TECHNOLOGY CONFERENCE 6-7 May 2008, Lagos, Nigeria The event is being hosted by AITEC Africa and will focus on "Competing in a Borderless World". This conference…


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Jobs and Opportunities

* Call for Mentors – South Africa tamzin@citi.org.za 1. Your CV 2. Your business website address 3. Motivation letter describing why you are a suitable mentor. http://www.citi.org.za/grow/the-2008-mentorship-project


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Contracts

* Telkom Kenya and Ericsson - Kenya Telkom Kenya gave a strong signal of its intentions to give Kenyans another mobile telephone service when it signed a Sh8.9 billion (93…