Telecom operator Maroc Telecom announced June 27 it has completed the full acquisition of Tigo Chad from Millicom International Cellular (MIC).
According to Abdeslam Ahizoune, chairman of the management board of Maroc Telecom, the acquisition is another step forward in expanding across high-potential international markets. It aims to consolidate the company’s strategic position on the telecom segment in Africa.
Mr. Ahizoune says the group will use its expertise to ensure the long-term development of new technologies in Chad. But despite this strong vision for the country, Maroc Telecom could face difficulties on this market where access to the Internet and social networks has been blocked for more than a year. This scenario has somehow slowed growth of a highly promising market segment, supported across the continent by the strong attractiveness of consumers for new value-added services.
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID), in partnership with ASKY Airlines and Plan International Togo, successfully hosted the...
SMEs drive up to 40% of GDP and most jobs but face regulatory and financial constraints Power shortages and limited access to finance remain major...
Rules set technical requirements and ensure fair competition in market Reform targets safer infrastructure and consumer protection in construction...
BOA Niger warns net profit to drop 92% in 2025 Decline driven by high provisions amid rising non-performing loans Sanctions and weak lending...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...