Monday, September 21

Telecommunications

Africa’s Biggest Smartphone Seller is Taking a Cue from Apple
Telecommunications

Africa’s Biggest Smartphone Seller is Taking a Cue from Apple

As iPhone sales continue to dip and Apple is paying more attention to its services, the Chinese phone manufacturer leading the market in Africa, Transsion Holdings, seems to be toeing the same line and developing a service portfolio for itself. Transsion’s Infinix and Tecno phone brands are already popular in Nigeria and Kenya thanks to competitive pricing that makes the phones more affordable than their biggest competitors. Actively pursuing new services to offer users could further raise interest and profits. Transsion Overtook Samsung in Smartphone Sales in Africa Source: ATLAS In January, Transsion’s Mobile Internet Centre launched a new service in Nigeria. Scooper is essentially a media platform, offering content on football, literature, politics, technology and a r...
Chinese tech giant Huawei turns to Africa to offset US blacklist
Telecommunications

Chinese tech giant Huawei turns to Africa to offset US blacklist

As the United States leads a drive for the West to shun Huawei over security fears, the Chinese tech giant has sought to strengthen its position in Africa, where it is already well-established. Huawei has taken a leading role in developing next-generation 5G mobile phone networks around the world. But it has been in turmoil since Washington charged its equipment could serve as a Trojan horse for Chinese intelligence services. The world's second smartphone marker fiercely denies the allegations, but the US has urged countries to avoid it and several companies have distanced themselves. They include Google, whose Android operating system runs most smartphones. And as Washington and Beijing duke it out in an escalating trade war, nations around the world are faced with the dil...
Airtel Africa Targets $750m in London IPO
Telecommunications

Airtel Africa Targets $750m in London IPO

Airtel Africa Ltd, a subsidiary of India’s Bharti Airtel Ltd, on Tuesday said it will proceed with its plan to list shares on the main market of the London Stock Exchange through an initial public offering (IPO). “The offer is targeted to raise $750 million (plus primary greenshoe option of up to 15%) and will be used to reduce net debt,” Bharti Airtel said in a regulatory filing. Airtel Africa would proceed with an initial public offering for admission and listing of its shares on the main market of the London Stock Exchange (premium segment), it added. Additionally, Airtel Africa is also considering listing its shares on the Nigerian Stock Exchange. Continue reading
MTN to launch ‘WeChat of Africa’
Telecommunications

MTN to launch ‘WeChat of Africa’

MTN Group has announced it will launch an instant messaging (IM) service akin to China’s WeChat and Facebook’s WhatsApp as it seeks to expand revenue from digital services and mobile money. With the IM platform, which will form part of the group’s mobile money initiatives, MTN wants to build what group CEO Rob Shuter calls the “WeChat of Africa”. WeChat, developed by Naspers affiliate Tencent, is by far the largest IM app in China and offers a wide range of in-app services from chat to payments. The app will be launched in MTN markets in West Africa first as part of a “beta-testing” phase. The plan is to introduce it to all the countries in which it operates, including South Africa. A key differentiator will be the ability for users to exchange messages who don’t have a data pl...