MTN is taking multiple initiatives to boost its market share in Rwanda, where mobile penetration stands at 87.4% according to official statistics. In November 2022, the company launched a mobile device financing program in partnership with the Bank of Kigali.
Mobile operator MTN Rwandacell PLC (MTN Rwanda) recently signed a cooperation agreement with data platform Bboxx to accelerate smartphone adoption in Rwanda. Per the agreement, Bboxx will offer Rwandans a simpler and more accessible way to pay for smartphones, with repayment plans spanning six or twelve months. In return, MTN Rwanda will provide subscribers with SIM cards.
This partnership aligns with the common ambition of the Rwandan government and MTN Rwanda to "connect Rwanda" by ensuring every household has access to a smartphone. The telecom operator had already introduced a smartphone and tablet financing program in November 2022, in collaboration with the Bank of Kigali (BK).
These initiatives come at a time when smartphones remain unaffordable for the majority of African consumers. The Global System for Mobile Communications (GSMA) reports that only 49% of the 515 million unique mobile subscribers in Sub-Saharan Africa use smartphones. Additionally, MTN estimates that about 75% of the population does not own smartphones.
"At MTN, we believe that everyone deserves the benefits of a modern connected life and by partnering with Bboxx, we continue to make this vision a reality. This collaboration represents a significant step in bridging the digital divide by expanding access to affordable smartphones across the country. Together, we are committed to creating a more connected world to enable individuals and communities to access the power of the internet and thrive in this digital age," Mapula Bodibe, CEO of MTN Rwanda, said.
The project aims to help MTN attract new subscribers and enhance its position in the Rwandan telecom market. Currently, MTN holds a 61.9% market share, while Airtel has 38.1%, according to Rwanda Utilities Regulatory Authority (RURA) statistics. This growth will drive increased demand for high-speed connectivity, leading to a boost in MTN Rwanda's revenues.
Isaac K. Kassouwi
Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...
Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...
• BOAD releases CFA10 billion ($17.8 million) to support Boungou and Wahgnion gold mines.• Burkina F...
In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...
• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...
• South Sudan initiates a $58 million, four-year project to transform basic education nationwide.• The program aims to directly benefit over 300,000...
• Cape Verde reclassified as an upper-middle-income country due to a 16.8% rise in GNI per capita.• Namibia downgraded to lower-middle-income after a...
• Ivory Coast grants two new four-year gold exploration permits to Global Industries Sarl and Rampage Exploration Sarl.• National gold production reached...
• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from 166.5 million in 2024/2025.• China’s coffee demand...
The Gerewol tradition is a fascinating ritual celebrated by the Bororo Fulani, a nomadic community primarily located in Chad and Niger. This annual...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful...