Africa is projected to become the second fastest-growing economy in 2024 behind Asia due to significant investment in its nascent hydrocarbon industry. By 2050, Africa is also poised to account for about 25% of the world’s total population, as the…
In the face of challenging macroeconomic conditions, Airtel Africa demonstrated its resilience by achieving a 69 basis point increase in its EBITDA margin to 49.5% in the quarter ended June 2023 from 48.8% in the same quarter last year. With…
Company Overview Safaricom is a Kenyan telecommunications company established in 1997 as a fully-owned subsidiary of Telkom Kenya but is presently under the management of Vodafone Group Plc. According to Safaricom’s 2023 report, the company remains the frontrunner in the…
Company Overview MTN Nigeria Plc., the largest telecommunications company in Nigeria with an estimated 42.5% market share, has unarguably been a force to be reckoned with in the communications industry since 2001 when it commenced operations in Nigeria. The telecommunication…
