Active mobile money accounts boom in Tanzania
23 July 2024
The number of active mobile money accounts has increased from 25.8 million in 2019 to 55.8 million in 2023, according to the Tanzania Communications Regulatory Authority (TCRA), representing a growth of 116.2% in five years.
The national mobile money subscriber base is shared between M-Pesa (Vodacom), Tigo Pesa (Tigo) and Airtel Money (Airtel) which together hold 89% of the market share. The number of mobile financial transactions increased by 76.6%, from 3 to 5.3 billion over the period, while the national mobile subscription base has increased from 43.7 million in 2018 to 76.6 million in 2023.
Find out more Orange Burkina Faso and VOX Solutions partner on voice and messaging
18 July 2024
Orange’s Burkina Faso unit has formed a direct connectivity alliance with A2P voice and messaging solutions provider VOX Solutions.
The partnership is aimed at guaranteeing the secure and dependable transmission of A2P messages to Orange Burkina Faso's clients and international enterprises.
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Morocco to deactivate unregistered SIMs
18 July 2024
Morocco's National Telecommunications Regulatory Agency (ANRT) has asked telecom operators to identify and deactivate anonymous SIM cards within three months.
According to Ghita Mezzour, minister delegate for digital transition and administrative reform, telecom operators are now required to update their database so that it is reliable and credible. They must specify the full name and the registration number of the national identity card for each subscriber.
Find out more NuRAN Wireless closes US$5 million loan facility
17 July 2024
NuRAN Wireless has closed a US$5 million loan facility with the Facility for Energy Inclusion (FEI), a fund managed by Cygnum Capital.
The initial drawdown of US$2.5 million, which includes a US$1.07 million refinancing of renewable energy assets in Cameroon, is underway.
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