The President of the Republic of Malawi, Lazarus Chakwera (pictured), spoke on August 25, 2020, in favor of the award of the country's third telecom license. The head of state - who was participating in a video conference interview organized by Invest Africa, the London-based business and investment platform - said a new mobile operator would foster competition in the country's telecom industry, thereby improving the quality and cost of telecommunications services in Malawi.
Lazarus Chakwera's statement comes in a particular context marked by the expressed ambition of the newly registered Kokoliliko Holdings Ltd (KH) to enter the Malawian telecom market through a subsidiary. KH has already set its sights on Daniel Makata, the Director of Consumer Services at Telekom Networks Malawi (TNM), one of the country's two telecom companies in battle with Airtel.
According to Nyasa Times, this third license was lost in 2005 by Malawi Mobile Limited due to a shareholder dispute that plagued the start-up of the company. In 2008, the mobile operator Global Advanced Integrated Networks (G-Mobile) was awarded the license but then lost it due to its failure to start operations on time. Celcom Limited had the same problem.
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
World Bank to mobilize $550 million for Kenya road project Project to upgrade 508 km, boosting regional trade links Corridor to cut...
Egypt signs deal on $100 million dry port with EDECS, MEDLOG Facility aims to ease port congestion, shift freight from road to...
NSIA Banque CI, OEC-CI sign three-year SME support partnership Deal offers financing, training, and support for accountants and SMEs Aims to improve...
This week in Africa, health news highlights progress in kidney disease research, new investments in health security, and efforts to strengthen...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...