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MTN Foundation Launches the best IVR Platform

Staff Writer

MTN Foundation has introduced a new Interactive Voice Response (IVR) platform designed to enhance public access to comprehensive information about the foundation’s initiatives and accomplishments. This platform, accessible by dialing “779” or the MTNN “300” IVR channel and selecting option ‘6’, provides users with an interactive experience where they can hear detailed accounts of MTN Foundation’s programs, milestones, and ongoing efforts in education, entrepreneurship, and community development. The launch of this IVR number underscores MTN Foundation’s commitment to transparency and community engagement. Odunayo Sanya, Executive Director of MTN Foundation, emphasized…

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MTN Rwanda new announcement of phasing out physical airtime

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MTN Rwanda

MTN Rwanda has announced that it will phase out the sale and distribution of physical airtime vouchers as of February 15th, 2020. Airtime will only be purchased and loaded through MTN’s digital Electronic Recharge Service (ERS) or MTN Mobile Money (MoMo). This is in their quest to continue to lead the digital agenda for a brighter Rwanda and more importantly contribute to the country’s green growth. Speaking about this decision to go wholly digital, MTN’s Chief Sales and Distribution Officer, Mr Norman Munyampundu said, “MTN Rwanda is set to deliver…

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MTN Zambia launches new non-expiry data bundles

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MTN Rwanda

MTN Zambia has launched a new range of non-expiry mobile data bundles dubbed Freedom bundles. The Freedom bundles are added to existing mobile data bundles to offer customers more choice and to contribute to digital inclusion in Zambia. This introduction, the first of its kind in Zambia, means that MTN Zambia data customers can now load and use mobile data bundles that do not expire before they are exhausted. MTN Zambia Chief Executive Officer, Mr. Bart Hofker said, “Zambia’s number 1 network has taken the lead in the industry by…

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MTN launches new ‘world first’ WhatsApp-based Airtime Top-up service

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MTN says it will become the first mobile network in the world to let customers buy airtime and data bundles and check their balances directly on Facebook-owned messaging platform WhatsApp. The service, MTN Chat, will help customers manage their accounts “off a secure and convenient platform they already know and love”, said Mapula Bodibe, MTN SA’s consumer business executive. “It’s imperative that companies focus on improving self-service experiences to retain and grow customers and this is an important step for MTN,” Bodibe said. Calling it a world first for the…

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Safaricom to roll out their new 5G Network this year

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Safaricom

Kenya’s biggest telecom carrier,safaricom as they roll out their 5G network this year. Michael Joseph, Safaricom’s Acting CEO said this this week according to Business Daily. He said this at a time where Huawei has been under criticism by the US authorities over them building 5G networks, citing security concerns. “We will use Huawei in 5G. What will we do in terms of the American statements about not using Huawei? We don’t have that situation in Africa,” Michael Joseph was quoted as saying. Huawei has been battling the United States…

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9mobile hosts a New Mobile Network Operators workshop

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9mobile

9mobile, the leading telecom operator in Nigeria, in association with Google, and Kirusa, a global leader in communication solutions over data networks for consumers and enterprises, recently hosted a workshop in Lagos for Mobile Network Operators (MNOs), Aggregators, and brands to introduce Rich Communication Services (RCS), and showcase how RCS Business Messaging (RBM) is revolutionizing enterprise communication with their consumers. The workshop was attended by over 50 attendees, including representatives from MTN, Airtel, Glo, GTB, Zenith Bank, Unity Bank, Accion Microfinance, Interswitch, and Infobip, among others. Touted as the next-generation…

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Korba launched an all inclusive new shortcode

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MTN Rwanda

Korba, a leading Ghanaian Fintech brand owned and operated by Halges Financial Technologies Ltd, has launched an all inclusive and innovative shortcode that allows users to transfer funds, pay bills, purchase airtime, data bundles among others. The newly introduced *365# promises to be a game-changer in Ghana’s financial services ecosystem providing users with utmost convenience and security. Speaking at the launch, Nelson Da Seglah, CEO of Halges Financial Technologies said the introduction of the shortcode is in line with the company’s commitment to continuously evolve to serve customers better. He…

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Visa acquires new stake in Nigeria’s Interswitch

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Nigerian digital payments firm Interswitch confirmed today it has reached unicorn status after Visa acquired a minority equity stake in the firm. Global payments giant Visa will invest $200 million for 20% stake in Interswitch, electronic payments company, UK’s Sky  News reports. The investment places a billion-dollar valuation on 17-year old Interswitch and is a major boon ahead of a proposed initial public offering slated for  the London Stock Exchange next year. “The investment makes Interswitch one of the most valuable African fintech businesses with a valuation of $1 billion,”…

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Jumia’s stock losing more than half of its value since its NYSE public IPO

Staff Writer

Jumia, the ‘African’ ecommerce company that has its corporate headquarters in Dubai and operations in 14 African countries including Egypt, Morocco, Tunisia, and Algeria, continues to struggle after an initial good run at the New York Stock Exchange. It’s stock closed at $6.68, an all-time low, on Friday, with the market cap going down to ~$520 million. For the sake of context, the Rocket Internet-founded Jumia had become a unicorn (with a valuation of $1.08 billion) in 2016 (when it was known as Africa Internet Group or AIG) after raising…

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Tweaking Africa’s Mobile Profile To Sustain Growth

The importance of bringing Africa’s mobile market up to speed with global counterparts was a hot topic of discussion at a session during the annual Mobile World Congress being held in Barcelona. During a panel discussion, MTN Group CEO Sifiso Dabengwa and Bharti Airtel CEO Manoj Kohli highlighted what needs to be addressed in Africa’s mobile industry…read more

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