The telecom company Africell Holding SAL was finally awarded, on 19 May 2020, Angola's fourth mobile license, which is moreover a unified global license.
Last March, the investor, who had successfully passed the qualification phase instituted by the Angolan government, was invited by the inter-ministerial working group - made up of the Minister of Finance, the Minister of Telecommunications and Information Technology and the Minister of Economy and Planning - to present its technical and financial offer.
However, at the launch of the telecoms resource allocation process, several telecoms operators - including MTN, Orange, Maroc Telecom, and Vodafone - had expressed their interest. But only Africell followed through on its interest by making its bid official.
As a reminder, the 4th license was previously held by Telstar but President Joao Lourenço terminated this agreement in April 2019 as the company failed to comply with certain procedures inherent in the operation.
Africell Holding SAL already operates in the Gambia, Democratic Republic of Congo, Sierra Leone, and Uganda. Ziad Dalloul, the company's founder and CEO, sees Angola as a market with high potential.
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Trump says US forces hit Islamic State fighters in Sokoto state Abuja confirms strikes but rejects claims of a religiously driven...
AU selects three African think tank consortia under its ATTP funding scheme Each consortium could receive about $10 million over two and a...
US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and investor risk premiums to rise sharply. The Naira...
Trump targets militants in Sokoto, citing Christian "genocide," though locals note the region is mostly Muslim. Abuja confirms the joint strikes...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...