MTN expands MoMo services to South Sudan market

MTN South Sudan has officially launched its new MoMo campaign, “Mata fekir,” a mobile money initiative designed to transform financial access and inclusion in one of Africa’s least-banked nations. The launch event, held at the Pyramid Continental Hotel in Juba, brought together government regulators, financial institutions, and private sector leaders, marking a critical milestone in…

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Djibouti Telecom plans DARE1 subsea extension to Southern Africa

Djibouti Telecom has unveiled plans to extend its Djibouti Africa Regional Express 1 (DARE1) subsea cable system further south along Africa’s east coast, a move that is set to transform regional connectivity. The extension will significantly strengthen Africa’s digital infrastructure and support the continent’s surging demand for high-capacity, low-latency services driven by cloud providers, enterprises,…

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Egyptian fintech Munify secures $3m seed for expansion

Egyptian fintech startup Munify has successfully raised US\$3 million in a seed funding round led by Y Combinator, with additional backing from BYLD and Digital Currency Group. The funding marks a major milestone for the startup, positioning it to accelerate engineering, compliance, and market expansion, while also strengthening its role in transforming financial services for…

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Camtel Expands Fiber Network and Fixed Telephony Services

Cameroon Telecommunications (Camtel) has launched a nationwide campaign designed to revitalize fixed line services and extend fiber connectivity to households and businesses across the country. Unveiled during the Camtel Actu radio program on August 30, 2025, this initiative seeks to reaffirm the importance of fixed line phones in a market largely dominated by mobile technology….

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