Celltel selects local firm for Smart Cities project

06 January 2020

Accra, where the deal was signed

Accra, where the deal was signed

Ghanaian technology company Celltel Networks has appointed local finance company Ed & Co Capital as financial advisors for the US$500m Ghana Smart Cities project.

The idea is to provide an affordable nationwide Wi-Fi network in collaboration with local government institutions and other strategic and relevant government agencies in the west African nation. It is scheduled to begin in the second quarter of 2020.

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Airtel Uganda the only profitable unit in east Africa for 2018

03 January 2020

Airtel Uganda was the only unit in east Africa to return a profit for the year ended 2018, according to latest results posted by the Indian telecom giant.

Tanzania, Kenya and Rwanda all posted losses, registering a consolidated loss of US$46.5m in the three countries.

The details of the performances are contained in a Bharti Airtel Africa financial report for the year ended 2018.

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Seacom and Vodacom team up

03 January 2020

Telecom business Seacom and Vodacom Business Africa, the operator’s enterprise-focused subsidiary, have joined forces to initiate the next chapter of both companies’ African network connectivity ventures.

Since the launch of its business division, Seacom has substantially grown its customer and partnership base and the new partnership ensures that it can meet customer and partner demands beyond existing markets.

Vodacom Business Africa has a history of investing in the creation of network capability, supported by technological partners on the continent.

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African nations paying high rates

03 January 2020

Customers in African nations are paying some of the highest rates in the world for basic internet access, with some forking out more than a fifth of average earnings, new research has found.

The Alliance for Affordable Internet (A4AI) explored 136 low and middle-income countries for its annual Affordability Report, in which it looked at what consumers were paying out as a proportion of their income.

Middle-income examples in the report included Ghana and South Africa, while low income examples were Liberia, Mali and Mozambique.

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