NATCOM Consortium has won the bid to buy Nigerian national telecom companies — Nigerian Telecommunications Limited (NITEL) and Nigerian Mobile Telecommunications Limited (Mtel) — for a total of US$252.5mn
Commerce
Ntegra acquires asset of RedArk
Business and IT consultancy firm Ntegra, as part of its expansion strategy in the digital arena, has announced the asset acquisition of RedArk
MTN Uganda and Ericsson collaborate on m-wallet services
MTN Uganda has deployed Ericsson Converged Wallet platform to launch mobile financial services to its seven million mobile wallet users in Uganda
United Bank for Africa acquires licence from Visa
United Bank for Africa (UBA) has obtained a licence from Visa to operate Point of Sale (POS) terminals in Zambia
Kenya Revenue Authority to enable payment of taxes through mobile phones
Bharti Airtel has partnered with the Kenya Revenue Authority (KRA) to allow Kenyans to pay taxes through Airtels mobile money service