Vodafone Uganda Granted Creditor Protection

Vodafone Uganda has obtained court protection against creditors after high operational costs pushed the company into financial difficulties. The company is a trading name of Afrimax Uganda Ltd, owned by sub-Saharan Africa telecoms investor Afrimax Group. The company was granted a license to use the Vodafone brand in Uganda, commencing operations in 2014 with the ...
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Tanzania: Internet Users Grow By 16 Percent

The number of internet users in Tanzania rose by 16% at the end of 2017 to 23 million, with the majority of those using their handsets to go online, the telecom industry regulator said on Friday. Mobile phone use has surged in Tanzania and other African countries over the past decade, helped by the launch ...
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The Risks Surrounding Bitcoin

Back in 2011, Forbes referred to Bitcoin as “a grassroots nonprofit project that seeks to fashion a new currency out of little more than cryptography, networking and open-source software.” Over the years, the cryptocurrency has evolved and the record rise in value has caught the attention of investors and fraudsters alike. Early last year, the ...
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Samsung Targets Doubling Africa Revenue By 2023

South Korea’s Samsung Electronics plans to double the annual revenue contribution from its African markets to 20% of the firm’s global total in the next five years, the head of its business on the continent said on Monday. Sung Yoon said the electronics giant, which accounts for over half of the mobile handsets and televisions ...
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Facebook Hosts Female Tech Influencers In Kenya

Facebook hosted a Women in Tech event and a Developer Circles Masterclass in Nairobi, Kenya this week. Bringing together the Developer Circle in Nairobi for an evening of networking, Facebook also hosted a Developer Masterclass with 25 Developer Circle leads from across Africa, in an intensive, three-day training course. Exploring Facebook technologies and platform products ...
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MTN In Talks With DSTV Parent Company Over Pay-TV Deal

South African broadcaster Naspers is in talks with MTN Group to supply pay-TV content to the mobile operator’s subscribers, Naspers said on Monday. “We are in discussions with MTN regarding a content supply agreement,” Naspers spokeswoman Meloy Horn said in an email. If agreed, the deal could boost returns for Naspers’ pay-TV unit, which is ...
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