Moroccan company Panafsat has partnered with Thales Alenia Space to develop a satellite communications system aimed at providing very-high-throughput services (VHTS) to 26 African countries. This initiative will enhance digital infrastructure and connectivity, benefiting a population of approximately 550 million and contributing to economic growth across the continent.
Maroc Telecom reported a 6.1% increase in its customer base, reaching 79.7 million subscribers by September 2024, driven by growth in postpaid services and fiber-optic offerings. The company also expanded its international operations, achieving MAD 13.91 billion in revenue, underscoring its strategy for digital connectivity across Africa.
The 2024 E-Government Development Index highlights six African countries among the top 100 for utilizing information technologies in public services. South Africa leads in Africa, followed by Mauritius, Tunisia, Morocco, Seychelles, and Egypt, showcasing significant advancements in e-governance.
Egypt leads TikTok usage in Africa with approximately 32.94 million users, followed by Nigeria with 27.39 million. South Africa, Algeria, and Morocco also rank among the top five, reflecting the platform’s significant popularity across the continent.
Novation City, in partnership with NVIDIA, launches an AI innovation hub in Tunisia, aiming to train 100,000 developers across Africa. The hub in Sousse will equip participants with AI skills, fostering regional technological advancement and supporting Tunisia’s strategy to become a leader in the digital economy.
Clear Blue Technologies partners with Growth Energy to power telecom sites in Africa using solar energy, replacing diesel generators. This initiative aims to provide clean, reliable power to critical telecom services with Clear Blue’s smart power solutions.
TLcom Capital has announced the 6th Africa Tech Female Founder Summit, scheduled for October 2024 in Nairobi, Kenya. The event will bring together female tech entrepreneurs to foster collaboration, innovation, and leadership, empowering women in tech through workshops, panel discussions, and networking opportunities.
Gilat Telecom is expanding its network capacity across Africa using Novelsat’s advanced satellite modem technology. This collaboration enhances high-speed connectivity, extending broadband services to new locations. The initiative focuses on increasing network reach and improving service quality for existing customers, driving growth and development in the region.
Maxab and Wasoko have completed their merger, creating Africa’s largest B2B retail network with over 450,000 merchants and 4,000 employees across five countries. The combined entity, led by co-CEOs Belal El-Megharbel and Daniel Yu, aims to double its revenue by year-end while enhancing trade between North and East Africa.
Wasoko and MaxAB, two of Africa’s top B2B e-commerce companies, have completed the continent’s largest tech merger, forming a pan-African digital retail platform. The merger combines their expertise across multiple countries, creating a multi-vertical ecosystem serving Africa’s $600 billion informal retail sector, with extensive offerings in e-commerce, fintech, and AI-driven services.
