Zimbabwe’s third-largest mobile operator by subscribers, Telecel Zimbabwe, has been taken to the High Court by Egyptian ARPU Telecommunications Services S.A.E Limited over a $749,900 debt.
The plaintiff says the debt is the result of several unpaid invoices inherent in a partnership it signed with ARPU on August 1, 2016, for the provision of technical and infrastructure support enabling the operator to offer its customers value-added services in the fields of sports, religion, information, and entertainment.
The two partners had agreed that a monthly report would be prepared to determine the volume of traffic generated by each service and the subscription fees paid by users. Based on these data, Telecel would pay the Egyptian company 30% of the total subscription fees collected. But Telecel did not respect its commitments.
ARPU Telecommunications Services now requests the Court to order Telecel to pay it, in addition to the $749,900, representing the total amount of the accumulated invoices, damages calculated from the date of the claim to the date of full payment.
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
Royal Air Maroc signed a deal with DAE to lease 13 Boeing 737-8 aircraft. Deliveries are schedule...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Senegal has commissioned four high-voltage substations to reinforce Dakar’s power network The projects are part of the $365 million Senegal...
Proparco has invested in Helios Climate Fund, managed by Helios Investment Partners The fund has raised about $250 million after a second...
As Yamoussoukro hosts the 2026 National Cotton, Cashew, and Shea Producer Days (JNPCA), David Alliali, Commercial Director at AGL Côte d’Ivoire, sits down...
Sunu Assurances Nigeria plans an urgent capital increase to meet new NAICOM thresholds Nigeria raised minimum capital requirements for insurers and...
More than 100 Senegalese artists publicly urged President Bassirou Diomaye Faye to impose sanctions on Israel over the Gaza conflict. The artists...
Fela Kuti received a posthumous Lifetime Achievement Award from the Recording Academy He is the first African artist recognized by the Grammys...