From Lagos to Nairobi

Africa’s telecom sector is at a critical turning point, with mobile penetration soaring to 527 million subscribers. However, outdated systems are struggling to keep up with rising customer demands, 5G expansion, and complex market conditions. This is where BSS (Business Support Systems) and OSS (Operational Support Systems) come into play, helping telcos integrate operations, improve…

IHS Towers has delivered a strong financial performance for 2024, exceeding revenue, EBITDA, and cash flow targets while optimizing capital and strengthening market contracts. The company reported revenue of $1.71 billion, a 48.1% organic increase year-on-year, with Adjusted EBITDA of $928.4 million, surpassing guidance. Strategic initiatives included renewing key contracts with MTN and Airtel Nigeria,…

Chams Holding Company Plc and Computer Warehouse Group (CWG) Plc have reported billion-naira profits for the first time in 13 years, driven by increased IT infrastructure upgrades in Nigerian banks and higher demand for SIM cards in the telecom sector. Their combined after-tax profit surged by 395%, reaching ₦4.88 billion in 2024. Chams’ revenue from…

Oghenerukevwe Odjugo, an equity analyst at Schroders, has built an impressive career that spans Nigeria, the UK, Egypt, and Australia. Starting with a passion for mathematics, she strategically pursued a career in finance and investments, earning a first-class degree in accounting from Covenant University before securing a scholarship to Loughborough University for her master’s. Her…

MTN Nigeria is relocating its headquarters to Eko Atlantic, joining major firms like First Bank and Dangote Group in the growing business hub. The 10-square-kilometer city, known for its modern infrastructure and strategic location, is attracting top corporations and even the United States Embassy, which is also building a new diplomatic facility there. MTN CEO…

Paratus Group has launched Paratus Tanzania in a joint venture with Green Telecom, aiming to enhance connectivity in East Africa. This move comes just four months after the launch of Paratus Kenya, reinforcing the company’s expansion across sub-Saharan Africa. According to Martin Cox, Chief Commercial Officer of Paratus Group, this partnership will deliver high-quality network…