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Tesla Batteries Are Keeping Zimbabwe’s Economy Running
The southern African country faces chronic shortages of physical cash, so almost all transactions are done digitally, and many via mobile phones.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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M-Pesa Mulls Joining Nigeria’s Mobile Money Market
Safaricom, a major player in the East African Telco market and mobile money operator, will be considering its prospects in the West African zone with Nigeria as the key driver.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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More African Countries Are Looking to Tax Mobile Money Transactions
Just over a year ago, Uganda’s regulators introduced a so-called social media tax and a levy on mobile money transactions. Uganda is not alone: Industry research from 2017 shows up to 26% of the taxes paid in the mobile industry in 12 Sub-Saharan countries were industry-specific.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Huawei Technicians Helped African Governments Spy on Political Opponents
Employees embedded with cybersecurity forces in Uganda and Zambia intercepted encrypted communications and used cell data to track opponents, according to a Wall Street Journal investigation.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: Regulators Walk the ‘Mobile Money’ Line
Banking-by-phone is on the rise, and so are the risks of anti-competitive behaviour and money laundering.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Africell to Spend $100M on Mobile Infrastructure, Fintech in Africa
Africell founder and chief executive Ziad Dalloul told Reuters the money would help fund infrastructure investments for its operations in Uganda, Democratic Republic of Congo, Gambia and Sierra Leone.
- Categories
- Finance, Investing, Telecommunications
- Region
- Sub-Saharan Africa
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A Power Outage and Mobile Money Blackout Expose the Vulnerability of Zimbabwe’s Economy
In what seems like a never-ending cycle of misery for ordinary Zimbabweans in the last year, it is likely there will be more power cuts and ultimately more economic disruption due to the country’s currency troubles and—now, climate change.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Ethiopia Offers New Hope for Phone Providers With African Dreams
As part of an ambitious reform program, the government of Prime Minister Abiy Ahmed plans to award telecommunications licenses to two private operators next year, and sell a minority stake in Ethio Telecom.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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