South-African telecom company Vodacom, African arm of Vodafone, announce it is selling operations in Angola, Zambia, Côte d'Ivoire, Nigeria and Ghana.
In the first country, the company plans to divest its Business Africa unit to Internet Technologies Angola (ITA). The selling cost is not disclosed but the agreement is subject to approval from market regulatory authorities.
In Zambia, Côte d'Ivoire and Nigeria, operations will be sold to Synergy Communications while operations in Ghana will be transferred to Vodafone Ghana.
The company said the transactions is in line with its enterprise strategy in Africa, which aims to grow and strengthen its core business. Shameel Joosub, CEO of Vodacom Group said, though the company is selling operations, it is not “exiting any of the territories related to this transaction and remains focused on continuing to deliver exceptional service to our global and multinational clients in these markets through long-term commercial agreements.”
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
JA Africa launches $1.5M digital safety program in four African countries Initiative to ...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
RAM will open a nonstop Casablanca–Los Angeles service on June 7, 2026. The route targets diaspora travelers, tourists, business passengers, and World...
Africa posts the world’s strongest October air cargo growth at 16.6%. Global volumes rise for an eighth month, supported by higher trade and...
New law revises construction code and tightens insurance obligations All builders must obtain all-risk site coverage and 10-year liability...
RwandAir restarts direct Mombasa flights after five years Service operates four times weekly as part of a wider growth plan Kigali strengthens air...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...