South Africa’s Telkom in Exclusive Talks to Sell Towers to PE Firm
Telkom SA SOC Ltd. is in advanced talks to sell its tower assets to a private equity firm.
2023-11-21 14:24
Ethiopia Fails to Attract Any Bids for Third Telecom License
Ethiopia failed to attract any bids for a third wireless license, according to people with knowledge of the
2023-11-14 18:24
Africa Phone Giant MTN Expects Nigeria Reform Recovery Mid-2024
MTN Group Ltd. expects Nigeria to overcome the short-term “pain” of President Bola Tinubu’s economic reforms by the
2023-11-09 16:48
Eskom Latest: Power Cuts Suspended, Stage Two Cuts from Monday
Eskom has extended the suspension of power cuts to 4 p.m. on Monday as the utility enjoys stable
2023-10-15 22:15
MTN Fintech Unit Seeks More Investors After Mastercard Deal
MTN Group Ltd. is seeking as many as three more strategic investors in addition to Mastercard Inc. for
2023-08-15 21:23
Mastercard to Buy Stake in MTN’s $5.2 Billion Fintech Unit
MTN Group Ltd., Africa’s biggest wireless carrier, said Mastercard Inc. agreed to take a minority stake in its
2023-08-14 15:22
Dutch Payments Giant Adyen in Focus as Europe’s Earnings Season Nears a Close
Payments giant Adyen NV will need to assure it can deliver on its lofty margin goal when it
2023-08-14 14:58
Telkom to Partner With South Africa as Assets Attract Buyers
Telkom SA SOC Ltd. and the South African government are in advanced talks to partner in rolling out
2023-07-26 22:25
MTN Fights ‘Bizarre’ Funds Seizure in Cameroon Over Dispute
A Cameroon court ordered banks used by South Africa’s MTN Group Ltd. to transfer its funds into escrow
2023-06-14 23:28
New York-listed IHS in Shareholder Standoff Over Governance
IHS Holding Ltd.’s annual meeting devolved into a tense standoff over investor power on Wednesday after the African
2023-06-09 16:58
Africa’s Top Fund Manager, Ex-Telkom CEO, Axian Mull Telkom Bid
Africa’s largest asset manager, the Public Investment Corporation, is backing a possible bid led by the former chief
2023-05-27 23:26
Ramaphosa Abandoned by Key Support Base Over South Africa Policy Missteps
South African President Cyril Ramaphosa has lost the confidence of a key constituency. Five years after ushering in
2023-05-19 22:46