Econet Lesotho, a subsidiary of Zimbabwean billionaire Strive Masiyiwa's Econet Group, announced on February 22 that it has launched fifth-generation (5G) mobile technology in the country. This development allows the telecom operator to offer its subscribers compatible devices with enhanced features such as faster speeds and lower latency.
Following in the footsteps of Vodacom, which introduced the technology in August 2018, Econet Lesotho has become the second mobile operator in the country to deploy 5G, marking a significant step forward for Lesotho's telecommunications sector.
The commercial introduction of 5G by Econet is poised to meet the increasing demand for high-speed connectivity from its customers more effectively. This technological advancement is expected to not only attract new subscribers but also strengthen Econet's position in Lesotho's telecom market, particularly in the internet services sector.
The rollout of 5G technology is also anticipated to bolster the Lesotho government's digital transformation goals and aid in the development of the nation's technological infrastructure. It is expected to enable various modern applications including smart homes and buildings, smart cities, e-learning, e-government, e-commerce, 3D video, telemedicine, as well as virtual and augmented reality, streaming services, artificial intelligence, and the Internet of Things (IoT).
However, the widespread adoption of 5G in Lesotho could be hindered by the high costs associated with 5G-compatible smartphones. Additionally, the country faces challenges with overall internet adoption; as per DataReportal's latest statistics, Lesotho had only 1.1 million internet subscribers at the beginning of this year, equating to a penetration rate of 47%.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
2026 budget introduces a 25%–35% cut in the annual forestry fee Incentive targets certified operators to curb illegal logging Past underreporting cost...
Guizhou Tyre plans a nearly $300 million tire plant in northern Morocco The factory will produce 6 million passenger vehicle tires per year The...
Fidelity Bank raised 259 billion naira, lifting eligible capital above CBN requirements First Bank of Nigeria also confirmed compliance after multiple...
EBRD approved a senior loan of up to 350 million Egyptian pounds ($7.4 million) for Ridgewood for Water Desalination. The project will add...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...