News in Brief

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News in Brief 11 May 2016
Africa: Bigger payments - SimbaPay users can now transfer up to USD 45,000 to countries in Africa, up from the previous limit of USD 3,000. SimbaPay’s Head of Operations Victor Karanja said that...(more)

News in Brief 4 May 2016
Africa: Carrier billing - Fortumo announced on 2 May that it had launched direct carrier billing in Cote d'Ivoire, Ethiopia and Senegal. In the three countries the percentage of bank card owners is 2 ...(more)

News in Brief 27 April 2016
Democratic Republic of Congo: Deal done - Millicom has said that it has closed the sale of its Tigo business to Orange. Millicom sold its 100 percent stake in the holding company Oasis for a cash cons...(more)

News in Brief 20 April 2016
Afghanistan: Ministerial meeting - On Wednesday, 12 April, 2016, the UK ambassador, Dominic Jeremy and his colleagues met H.E Abdur-Razaq Vahidi the Minister of Communication and information technolog...(more)

News in Brief 13 April 2016
Bahrain: Revocation relaxed - The Telecommunications Regulatory Authority of Bahrain (TRA) said on 7 April that the telecoms licences granted to 2Connect W.L.L were revoked effective from the 25 Febru...(more)

News in Brief 6 April 2016
Africa: Steady state - Credit rating agency Standard & Poor's (S&P) has not downgraded MTN’s rating, although the agency warned last week that it might yet downgrade MTN, depending on th...(more)

News in Brief 29 March 2016
Africa: Kid’s TV - Gulli Africa, the Lagardere Active children’s channel, claims it has some 2 million subscribers after its first year of operation. The channel is available in 22 African...(more)

News in Brief 22 March 2016
Botswana: Oversubscribed offer - BTCL to list on the Botswana Stock Exchange on 8 April following and oversubscribed Initial Public Offering. BTCL raised some BWP 462 million (USD 40.6 million) from t...(more)

News in Brief 17 March 2016
Cote d'Ivoire: Cellcom store opening - Tunisian vendor Cellcom has opened a store in Abidjan to sell Evertek branded products. Cellcom has partnered with local firm Trina International,...(more)

News in Brief 10 March 2016
Africa: Mobile money barriers - Ericsson ConsumerLab’s latest study 'Financial Services for Everyone' finds that many potential customers in sub-Saharan Africa face basic barriers to accessing m...(more)



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