Xtelify, a new digital subsidiary of Bharti Airtel, has introduced an artificial intelligence (AI)-powered software platform that aims to change how telecommunications companies (telcos) operate and relate with their customers. …
AIRTEL AFRICA
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AfricaAirtelBusinessTechnologyTelecommunications
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Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeria
Nigerian Stock Market Soars to ₦70.5 Trillion, Surpasses Pre-2008 Levels by 347% Amid Institutional Support and Reforms
Sixteen years after the devastating 2008 global financial crisis that sent shockwaves through Nigeria’s capital market, the Nigerian Exchange (NGX) has not only staged a complete recovery but also posted …
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BusinessINVESTMENTMarketsNewsNigeria
Nigerian Stock Market Hits N70 Trillion Milestone as Bulls Maintain Momentum
The Nigerian stock market continued its bullish run this week as investor confidence pushed the market capitalisation of the Nigerian Exchange Limited (NGX) past the N70 trillion threshold for the …
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AfricaAirtelBusinessBusiness InsightsCentral AfricaEastern AfricaFinance & ServicesFintechNigeriaTechnologyTelecommunicationsWestern Africa
Airtel Africa Targets Fintech Leadership with 2026 Airtel Money IPO
Airtel Africa is gearing up to challenge the dominance of African fintech giants with a planned initial public offering (IPO) for its mobile money arm, Airtel Money, set for the …
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AfricaAFRICA NEWSAirtelBusinessNigeria
Airtel Africa partners Ericsson to build a more efficient network in Niger
Airtel Niger and Ericsson deploy state-of-the-art, multiband multi-sector Radio 6626. With the Ericsson Radio 6626, Airtel Niger will benefit from significantly decreased tower load and reduced energy consumption. Ericsson (NASDAQ: ERIC) and Airtel …
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AirtelBusinessEconomyFinance & ServicesMarketsNigeriaTechnology
Airtel signs $194 million loan deal with IFC to boost African operations
Tuesday entered pact with Washington-based International Finance Corporation (IFC) to obtain $194 million credit to strengthen operations in six of its 14 African markets. IFC is a unit of the World Bank …
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AirtelBusinessInformation & TechnologyMobile Telecommunications Network (MTN)Southern AfricaTelecommunications
NCC Orders MTN to reverse tariff hikes in Nigeria
NCC, Nigerian Communications Commission said in an emailed statement that its board didn’t approve the increase, which had been initially agreed with the companies. “As a result, it is reversed,” …
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AfricaAFRICA NEWSAirtelBusinessNewsTechnologyTelecommunicationsWestern Africa
Airtel Africa secures $125 million credit facility from Citibank
Airtel Africa, Africa’s leading provider of telecommunications and mobile money services, today, has announced the signing of a $125 million revolving loan facility from Citibank to support operations in its subsidiaries. …
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AfricaAirtelBusinessEconomyTelecommunications
Airtel Africa Plc Net Earnings Up 25.3% to $178 Million
Airtel Africa plc, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa reported its earnings for the quarter ended 30 June 2022. Revenue for …
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AirtelNigeriaTechnologyTelecommunicationsWestern Africa
Airtel Africa settles senior debt of $450 million due in 2024
Airtel Africa disclosed Friday it has settled nearly half of its $1 billion guaranteed senior notes set for maturity in May 2024, barely a fortnight after it made a call for redemption to …