IFC considers $100 million investment in Airtel Africa
28 March 2025
The International Finance Corporation (IFC) is evaluating a significant new investment in Airtel Africa aimed at supporting its telecommunications operations in East Africa. The proposal involves a total commitment of $100 million, with $70 million earmarked for Airtel Kenya and $30 million for Airtel Rwanda.
This funding is primarily designated for capital expenditures (CAPEX) essential for expanding network infrastructure and modernizing the services offered by the two subsidiaries. Additionally, a portion of the funds will be allocated to refinancing existing debt, thereby strengthening Airtel Africa's financial health in these markets.
Find out more CRAN announces phase-out of WiMAX technology in Namibia
26 March 2025
The Communications Regulatory Authority of Namibia (CRAN) has taken a significant step in the evolution of the country’s telecommunications infrastructure by announcing the termination of Worldwide Interoperability for Microwave Access (WiMAX) technology.
CRAN has revoked the spectrum licenses previously granted to Telecom Namibia Limited, impacting frequencies in the 3405-3227 MHz and 3505-3547 MHz bands.
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EMOSIM and Tata Communications launch Nigeria's first travel eSIM
25 March 2025
EMOSIM, a mobile virtual network operator (MVNO) supported by EMO MEDIA, has introduced Nigeria's first travel electronic SIM (e-SIM) in collaboration with Tata Communications Services. Set to go live in the second quarter of 2025, it is specifically designed for outbound Nigerian travellers.
The new e-SIM will allow users to enjoy seamless connectivity without the burden of roaming charges, as they will only need to pay for competitively priced data packages. The coverage footprint will include popular travel destinations frequented by Nigerians, such as the United Kingdom, the United States, and Canada.
Find out more Surge in mobile identity API revenue projected to reach $22 billion by 2029
25 March 2025
A recent study by Juniper Research forecasts that global revenue from mobile identity application programming interfaces (APIs) will soar to US$22 billion by 2029, a remarkable increase from the US$2.4 billion anticipated in 2025. This growth is expected to be driven by the rising adoption of network APIs that authenticate users directly through operator networks, moving away from traditional SMS-based methods.
Mobile identity services leverage a subscriber's phone number to verify identities across various sectors, including banking, healthcare, and online retail. The report identifies a new generation of 'verification APIs' that are set to transform conventional mobile identity solutions, such as one-time passwords (OTPs), in the coming four years.
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