Issue no 801 30th October 2015

Top Story

Currency Storm is the looming shadow over Africa’s operators – Getting out from under it

Africa’s above average growth over the last decade has lulled everybody into the thinking it would continue forever. But as the Chinese economy has slowed and the oil price dropped, big and unpleasant changes are coming. Russell Southwood looks at why currency exchange shifts are a coming storm for operators. It has not been a good week for telecoms investors and operators in Sub-Saharan Africa. Whatever the rights and wrongs of it, the decision by the Nigerian regulator to impose a massive US$5.2 billion fine on MTN sends the worst kind of message at the most delicate time financially. Over…

Telecoms

Nigeria’s Regulator Lifts Minimum Data Tariff Restriction

The Nigerian Communications Commission (NCC) has abolished the minimum data price for all operators, in order to ensure the ‘sustainability, growth and development’ of the data service market. In a…


Telecoms

BICS awarded EU patent for GTP filter solution to enable instant data roaming around the world for service providers

BICS, a global provider of wholesale carrier services, announced it has been awarded EU patent EP2658333 from the European Patent Office for its innovative GPRS tunnelling protocol (GTP) filter solution.…


Telecoms

Ethiopia to open bids for telecoms expansion in Dec or Jan - CEO

ct 28 Ethiopia's state-run telecoms monopoly will launch a tender in December or January to help the company upgrade infrastructure and expand its mobile phone coverage by about 72 percent,…


Telecoms

Kenya - Immigration officials summon French, Armenian Telkom staff over work permits

The Immigration Department has summoned three French nationals working for Telkom Kenya for overstaying their special passes. The investigations by the agency also targeted two suspicious Armenian nationals said to…


Internet

Telkom’s Openserve brings fibre to Pretoria suburbs for Christmas

The newly-separated Telkom wholesale division, Openserve, has today announced that 10 000 homes in Pretoria East will be eligible for fibre to the home installations before the end of December.…


Internet

ADIE official says Huawei to deploy more than 3,000km of fibre in Senegal

Huawei of China has been contracted to deploy 3,000km of fibre-optic cabling in Senegal, under phase three of the country’s ‘largement Senegal’ (Senegal-wide) project. In an interview with the newspaper…


Internet

Eutelsat steps up African broadband plans with new-generation High Throughput Satellite ordered from Thales Alenia Space

Paris, 28 October 2015 – Eutelsat Communications unveiled the next step in its broadband strategy for Africa with the order from Thales Alenia Space of a new-generation High Throughput Satellite…


Internet

BBH selects Alepo convergent billing, CRM platform

Alepo announced a new partnership with Broadband Home (BBH), Ghana's broadband wireless access provider, to support the growth of its LTE, Wimax and Wi-Fi broadband services, including the introduction of…


Computing

Africa: Global Mining Leaders and SAP Discuss Digitized Mine of the Future

Johannesburg — African Media Agency (AMA)/- SAP SE announced that more than 15 members of the SAP Advisory Council for Mining are meeting in Cape Town, South Africa, for two…


Money Transfer

MoneyGram Announces Collaboration with Econet Wireless in Zimbabwe

Money transfer service provider MoneyGram has launched a new service in partnership with Zimbabwean market leader Econet Wireless. The service enables customers from more than 200 countries and territories worldwide…


Money Transfer

Standard Chartered, Airtel Ghana partner to bring mobile wallets to Ghana

Standard Chartered Bank has partnered with Airtel Ghana through the Airtel Money platform to launch Straight2Bank Wallet in Ghana, expanding the coverage of its mobile wallet service in Africa. First…


Money Transfer

Verve International Launches in East Africa

Verve International (‘Verve’), an African payment card brand, has announced its official entry into the Kenya market at a launch in Nairobi. The launch included the announcement of a strategic…


Mergers, Acquisitions and Financial Results

Millicom becomes Tanzania's number two mobile operator

Millicom on Monday became the second largest mobile operator in Tanzania, by subscribers, when it closed the acquisition of market minnow Zantel. The emerging markets-focused operator said that following receipt…


Mergers, Acquisitions and Financial Results

Nigeria: Investigation - How MTN Smuggles Billions to Shell Companies Abroad, to Evade Tax in Nigeria

MTN has consistently prided itself as the foremost telephone company that is getting Nigerians talking the most. Now the South African company is about to set tongues wagging across networks…


Mergers, Acquisitions and Financial Results

Airtel concludes tower sale

India’s Bharti Airtel has concluded a sale-and-leaseback deal for its tower assets in Burkina Faso with Eaton Towers, just weeks after it pulled the plug on an agreement to sell…


Mergers, Acquisitions and Financial Results

MTN stock takes a hit on $5.2bn Abuja fine

SHARES in MTN dropped more than 12%, the worst fall in more than 10 years — wiping off R44bn of the company’s market value — after the Nigerian regulator fined…


Digital Content

#FeesMustFall Hashtag in South Africa Turns Into #FeesHaveFallen. But Have They?

Following #FeesMustFall nationwide protests that brought South African universities to a standstill, President Jacob Zuma met with student leaders on Friday, October 23, and announced that there will be a…


Digital Content

MTN announces global exclusive rights deal for Adele’s latest single ‘Hello’

MTN has clinched a landmark deal that will give the exclusive rights to British female singer and songwriter, Adele’s much-anticipated single titled‘Hello’ from her new album: ‘25′ set for worldwide…


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Opportunities

Applications open for $100m GroFin African startup fund International development finance organisation GroFin has opened applications for its US$100 million fund for small and growing African businesses, inviting startups from…


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People

Head of Airtel Money in Kenya wins women in IT award The Head of Airtel Money Topyster Muga has been crowned the IT woman of the year at the first…


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Events

AfricaCom / AfricaCast / TV Connect Africa 201517-19 November 2015Cape Town, South Africa The largest annual meeting of ICT, telecoms and broadcast professionals for Africa. A 'must attend'. AfricaCom welcomes…