MTN Nigeria records improved revenues

MTN Nigeria has released consolidated audited results for the year ended 31 December 2019. Key features of the announcement include: * Mobile subscribers increased by 6,1-million to 64,3-million. * Active data users increased by 6,5-million to 25,2-million. * Service...

Analysys Mason to acquire German consultancy

Datatec subsidiary Analysys Mason has agreed to acquire Allolio & Konrad, a consultancy based in Bonn, Germany with an extensive track record in the telecommunications industry and long term client relationships with Europe’s leading telecom operators....

SUSE delivers strong Q1 results

SUSE has announced its financial results and highlights from the first quarter of its fiscal year 2020 ended January 31. Q1 revenue increased 12% year over year, including a 67% surge in cloud revenue. Deals over $1-million continued to grow, with significant customer...

Coronavirus sends gold to seven year high

China is the world’s second-largest economy and leading trading nation, therefore economic fallout from coronavirus threatens global growth, according to this statement from Banque SYZ. Economists expect China’s economic growth to slump to 4.5% in the...

Jumo secures $55m investment

Jumo, a technology company building next-generation financial services for emerging market entrepreneurs, today announced the successful raise of $55-million in debt and equity funding to support expansion into new markets and the launch of new products. The funding...

VC fund takes stake in SA’s Centbee

Amsterdam-based venture capital fund, Two Hop Ventures, has taken a stake in BitcoinSV (BSV) wallet provider, Centbee, which is growing globally from its base in South Africa. The deal comes after South African-based venture capital fund Paper Plane Ventures...