by AllureAdmin | Apr 14, 2022 | African News
MTN’s MoMo Payment Service Bank Limited (MoMo PSB) received final approval from Nigeria’s Central Bank. Telecom companies are expected to have at least $12.2 million in capital to operate as payment service banks in Nigeria. These operators must provide...
by AllureAdmin | Dec 20, 2021 | Business
Safaricom’s move into the Ethiopian market was official. It was issued a new Telecommunications Operator License valid for a term of fifteen years from the Effective Date of July 9, 2021. “The Global Partnership for Ethiopia” was formed by the Vodacom Group, Vodafone...
by AllureAdmin | Aug 3, 2021 | Business
Ethiopia began a tendering process on June 14 for the proposed sale of a 40% interest in state-owned carrier Ethio Telecom to private investors, as part of the government’s larger goal to open up the nation’s economy. Ethiopia is aiming to license private...