Friday, December 27

Tag: Uganda

MTN, Airtel dominance forces another telecom operator out of Uganda
Telecommunications

MTN, Airtel dominance forces another telecom operator out of Uganda

On September 7, Africell announced its decision to leave Uganda after operating in the East African country for seven years. The decision saw the U.S-owned company become the latest network operator to throw in the towel and exit a market dominated by two pan-African telecom behemoths. A statement issued by Africell blames tough competition from the local units of MTN and Bharti Airtel, both of which account for more than 90% of the market share. The remaining 10% is split between three or four other nationwide operators including Africell and Uganda Telecom. South Africa-based MTN Group, Africa’s largest telecoms operator, entered Uganda in 1998 and has since established dominance in the market; largely due to first-mover advantage and significant investments the business has made i...
East Africa Top 10 Tech Startups to Watch
East Africa, List & Guides, Start-ups

East Africa Top 10 Tech Startups to Watch

The tech startup scene in the African continent is experiencing record-breaking growth and increased international attention. In 2017, African tech startups received over $560M in investment according to research by Partech Ventures (a 53% increase from $367M in 2016). While South Africa and Nigeria still lead in attracting tech investments for the continent, East Africa is rapidly grabbing diverting more attention and investment dollars, catalyzed by strong innovation hubs and incubators. Nairobi stands as the pillar and anchor of East Africa’s interest, attracting 26% of total investments into Africa. Results from I-DEV East Africa Tech Survey showed strong evidence that Kenya continues to take a the lead in attracting attention and growing the ‘hottest’ companies to watch in East Afr...