MTN Group warned that its annual profits could plunge by 90% due to the devaluation of the Nigeria’s currency affecting its MTN Nigeria unit. 

Eutelsat Group and satellite engineering enterprise Q-KON have revealed that multiple digital banks in South Africa have now gone live on Eutelsat OneWeb’s LEO satellite network.

At Huawei’s Day0 Forum 2024, taking place on the eve of Mobile World Congress 2024, MTN Group’s Chief Strategy and Transformation Officer, Chika Ekeji, gave a keynote speech to explain how 5G is driving digital progress in Africa.

Equitel, Finserve's mobile virtual network operator (MVNO), has announced the debut of its 5G network in Kenya. It is the first Kenyan MVNO to roll out 5G.

Mastercard and MTN Group Fintech have signed a multi-market agreement that will use Mastercard’s technology and capabilities to support MTN’s ambition to become Africa’s largest fintech platform for both merchants and consumers.

Among a number of significant announcements at MWC 2024 by Orange Middle East & Africa (OMEA), a major telecom player in the region, have been collaborations with Microsoft and the World Bank.

A renewed and expanded deal between Openserve and Intelsat and could signal a major boost for connectivity in South Africa.

Egyptian operator Etisalat Misr by e& and digital BSS specialist Qvantel have announced that they have signed an agreement at MWC to implement the Qvantel Flex BSS solution to help in the digital transformation of Etisalat BSS.

Global satellite operator Intelsat announced on Tuesday it has renewed and expanded its relationship with South African telecoms infrastructure provider Openserve to include new hardware and satellite connectivity.

ITU Secretary-General Doreen Bogdan-Martin has announced over US$9 billion in investment commitments from mobile operator groups to extend global connectivity. The announcement was made yesterday at MWC 2024.

Seacom, which claims ownership of Africa’s most extensive ICT data infrastructure, apparently experienced an outage on its subsea cable system over the weekend.

Digital infrastructure company Equinix is, according to a number of news outlets, planning to invest US$390 million in building data centres in Africa over the next five years.

Among satellite operator Intelsat’s announcements for MWC 2024 is news of a communications service in Madagascar running in 65 communities, providing first-time connectivity to about 100,000 people.

Telcos in Indonesia and South Africa on Thursday launched new API services focused on enhancing security and customer experience as part of the GSMA Open Gateway initiative.

Teraco, Africa’s largest interconnection hub and vendor-neutral data centre provider, is planning the construction of a 120MW utility-scale solar PV energy facility in the Free State province of South Africa.

Could the long delayed partial sell-off of Ethio Telecom finally be taking place? Ethiopia’s Prime Minister Abiy Ahmed has indicated this week that his government is discussing selling 10% of the state-owned telecoms company.

The International Finance Corporation (IFC) signed a cooperation agreement with Vodacom to bolster its M-Pesa mobile money platform in Mozambique, a move to boost financial inclusion in the country. 

The Common Market for Eastern and Southern Africa competition commission opened an investigation into American Tower Corporation and Airtel Africa, for alleged anti-competitive conduct, after the two companies signed a partnership agreement in 2022. 

Globe Teleservices announced on Monday it has entered into an exclusive strategic alliance with Tigo Tanzania to deploy its intelligent firewall solution for A2P SMS.

Following the recent announcement of its data centre plans for Africa, beginning with a 36MW data centre in Lagos, Bharti Airtel’s African unit has confirmed that it will develop a data centre in Nairobi.

South Africa-based service provider CMC Networks announced it has partnered with diagnostic services provider Cerba Lancet Africa to drive innovations in digital health and boost healthcare across the continent.

IHS Cameroon launched the ‘Tower Kiosk’ initiative in the Northwest and Southwest of Cameroon, a move to provide connectivity and digital services to communities in rural areas. 

Operators MTN Nigeria and Globacom have, according to local news reports, agreed to resolve their latest dispute over interconnection fees.

Telecel Group, an Africa-focused provider of digital and communications services, has announced a major investment in its wholly owned subsidiary Telecel Global Services (TGS), a leading telecommunication service provider for operators and enterprise clients globally with a particular focus on Africa.

Bayobab Group landed its 45,000km 2Africa cable in Ghana and Nigeria, marking the third and fourth in a series of six landings from the 2Africa subsea cable system. 

Telecoms tower company IHS Nigeria, a subsidiary of IHS Towers, announced on Wednesday that Airtel Nigeria has signed a deal renewing its contract and expanding its tenancies to almost 10,000 over the next five years.

Service provider Orange Cote D'Ivoire says it is developing its network and data services with help from the latest traffic analysis and policy control software from Enea, a specialist in software for telecoms and cybersecurity.

It’s been widely reported that communications across Sudan were down on Monday this week. The country’s military government – and spokespeople from the telecoms sector – have blamed the paramilitary Rapid Support Force (RSF).

MTN struck a deal to have financial powerhouse Mastercard invest US$200 million to take a minority stake in the operator’s fintech unit. 

Vodacom Group reported revenue increased by 26.8% to ZAR8.9 billion (US$477 million) in Q3, fuelled by its acquisition of Vodafone Egypt, as well as hitting the 200 million customers milestone in the quarter, doubling its base since 2018. 

Google isn’t the only tech giant to be promoting a cloud-related first in Africa this week. Oracle, which already has a cloud presence on the continent, has announced plans to establish a new public cloud region in Nairobi.