IFC invests US$35mn in Africell
International Finance Corporation (IFC), a World Bank Group member, has announced that it will invest US$35mn in African telecom operator, Africell
Mobile
Airtel and partners seek ‘next big app developers’
Airtel Africa has partnered with Samsung and Singtel to launch an app development competition
Equitel launches thin SIM cards for mobile banking
Kenya’s Equity Group Holdings has launched its thin SIM mobile banking and telecom service in the country under its Equitel brand, which is already a mobile virtual network operator
TelOne planning to use its mobile operator licence
Government-owned TelOne is planning to enter into a partnership with NetOne, another government-owned company, to start using its mobile telecommunications licence which it had been granted in 2011
Mobile money market in Africa to hit US$14.27bn by 2020
A recent report by MarketsandMarkets says that the mobile money market in Africa will grow to US$14.27bn in the next five years
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