Saturday, May 16, 2026
elitecraft
Home News Page 21

News

    News category. Breaking, Business and High Profile News.

    Latest
    News

    Bezo’s firm Perplexity Ai in surprise bid for Google Chrome

    Staff Writer -
    0
    Artificial intelligence start-up Perplexity AI has made a surprise $34.5bn (£25.6bn) takeover bid for the world’s most popular web browser, Google Chrome.
    News

    Pictorials: Equity Bank Group profits soar to KSHS. 34.6 BILLION

    Staff Writer -
    0
    From Left to Right: Equity Group Chief Internal Auditor, Beth Kithinji, Equity Group Managing Director and CEO, Dr....
    Airtel Africa and Vodacom Group have announced a strategic infrastructure sharing agreement in key markets, including Mozambique, Tanzania and the Democratic Republic of Congo (DRC), subject to regulatory approvals in the various countries. The agreement marks a transformative milestone in promoting digital inclusion and expanding access to reliable connectivity across Africa. The initial partnership focuses on sharing fibre networks and tower infrastructure to accelerate the roll-out of digital services in these markets, increasing connectivity for customers while reducing operators’ infrastructure costs and improving speed to market. By leveraging existing infrastructure, the collaboration aims to deliver improved connectivity, faster internet speeds, and more reliable services. This will not only enhance customer experience but also assist with providing access to digital services for a broader population, particularly those in underserved areas, helping to bridge the digital divide in Africa. Vodacom Group’s chief executive officer Shameel Joosub said: “Providing connectivity to empower people is at the core of our strategy. Our partnership with Airtel Africa is a proactive step forward in creating a sustainable, inclusive, and connected digital future for the continent. Through infrastructure sharing, we can provide cost-effective services to more people, more rapidly, ensuring that no one is left behind in the digital age. As we fulfil our ambition to connect 260 million customers by 2030, the need for scalable and cost-efficient network solutions becomes increasingly significant This partnership provides us with the opportunity to narrow the digital divide, empowering more individuals and communities through digitalisation across the continent. It is aligned with our purpose to connect for a better future,” concludes Joosub. Airtel Africa’s chief executive officer Sunil Taldar said: “This partnership is aligned with our unwavering commitment to delighting our customers by always making our network available to them even in the remotest locations. Working with Vodacom, we will open greater access to digital and financial opportunities which will transform the lives of our customers while complying with all regulatory requirements. Even as competitors, it has become a business imperative for us to collaborate in the provision of critical infrastructure required to build resilient network with strong capacity to support the emerging digital technologies as well as the growing need for data-enabled products and services. Accelerating the deployment of fibre connectivity is a key enabler in the acceleration of 4G and 5G technologies in Africa to deliver the high-speed, low-latency, and reliable connections needed for modern digital applications. This partnership allows for further opportunities for both operators to enhance network performance, extend coverage, and increase mobile, fixed, and financial services leveraging a broader footprint on the continent.”
    News

    Airtel, Vodacom sign network infrastructure agreement to drive digital inclusion

    Staff Writer -
    0
    Airtel Africa and Vodacom Group have announced a strategic infrastructure sharing agreement in key markets, including Mozambique, Tanzania and the Democratic Republic...
    Airtel Kenya has crossed the 24 million subscriber mark through its network campaign as expansion plans continue. This achievement, highlighted in the latest Communications Authority of Kenya (CA) sector statistics report, reflects growing public trust in Airtel’s commitment to serve all Kenyans, from urban centres to the most remote parts of the country. Speaking during the launch of the ‘Na Bado Tunagrow’ network coverage campaign, Airtel Kenya Managing Director Ashish Malhotra spoke on Airtel’s commitment to prioritising innovation to meet the changing needs of customers. “We are deeply humbled by the support of over 24 million customers who continue to believe in us. This is not the destination, it is part of a longer journey. We are committed to Kenya, and whilst we have made huge investments, our mission of enriching lives and driving progress is still not done,” said Airtel Kenya Managing Director, Ashish Malhotra. Over the years, Airtel has steadily and heavily invested in the country to better serve Kenyans. The investments span network, customer care touch points and distribution infrastructure. Through Airtel Money, the company has also endeavored to bridge the financial inclusion gap in the country with its financial services offerings. Courtesy of the rapid Airtel network expansion in the North Eastern region of the country last year, Kenyans in the underserved areas of Mandera, Wajir, and Garissa can now access connectivity and digital opportunities. “With the recent upgrade of our Airtel Money platform, which brings speedy, reliable, and innovative services, we are seeing more Kenyans trusting us with their financial needs and we continue to improve as we promote financial inclusion,” said Malhotra. The ‘Na Bado Tunagrow’ campaign is a reflection of Airtel’s ongoing journey driven by the trust of its customers and the belief that every Kenyan deserves access to reliable and modern digital services. “This is a thank you to every Kenyan who has supported our journey. We are not done. We will continue to grow, improve, and serve; Na bado tunagrow,” Malhotra concluded.
    News

    AIRTEL KENYA CROSSES THE 24 MILLION CUSTOMERS MARK AS NETWORK EXPANSION...

    Staff Writer -
    0
    Airtel Kenya has crossed the 24 million subscriber mark through its network campaign as expansion plans continue.   This...
    News

    Insurance Biz Africa launches pan-African Insurance Webinar Master Series

    Staff Writer -
    0
    Digital news publisher, Insurance Biz Africa, is proud to announce the launch of a series of pan-African webinar sessions whose objectives are...
    The LAPTRUST Defined Benefit (DB) Scheme saw net assets rise to Sh28.1 billion, up from Sh26.99 billion in 2023, reflecting the scheme’s consistent investment strategy. The County Pension Fund (CPF) posted the most significant growth, with net assets surging to Sh51.67 billion from Sh36.97 billion. CPF Group Group MD and CEO Hosea Kili credited the performance to prudent fund management, a deep understanding of member needs, and a focus on financial literacy through innovation and partnerships. The Group declared an 8.8 percent interest rate despite macroeconomic volatility. Active membership rose to 94,116 following the enrolment of over 17,500 new members, while the sponsor base expanded to 194 institutions. Other schemes under the Group also recorded positive growth, with the Salih Fund attracting 9,895 members, the Post-Retirement Medical Fund increasing its assets from Sh32.8 million to Sh55.2 million, and the Individual Pension Scheme posting a 42.4 percent rise in assets to Sh4.11 billion.
    News

    CPF Group membership, assets up

    Staff Writer -
    0
     The CPF Group has posted strong financial results for the year ended 2024, driven by robust asset growth and rising membership across...
    News

    Jambojet adds JXA aircraft to expand capacity on busy routes

    Staff Writer -
    0
    Jambojet has reintroduced one of its earlier leased aircraft, a Dash 8-400 previously registered as JXA, into its fleet as part of...
    News

    Hydrogen Growth, Water Risk – Can Africa Balance Both?

    Staff Writer -
    0
    Hydrogen Growth, Water Risk – Can Africa Balance Both?Join ESI Africa for a live webinar unpacking the complex connection between hydrogen development...
    News

    Powering Women’s Economic Transformation

    Staff Writer -
    0
    In Kigoma, Tanzania, where over 80 per cent of livelihoods rely on small-scale farming, fishing, and informal trade, women constitute the majority...
    News

    Small Businesses Embrace Social— But Could be Missing a Trick in...

    Staff Writer -
    0
    Small Businesses Embrace Social— But Could be Missing a Trick in the Age of Artificial Intelligence (AI) According to...
    1...202122...126Page 21 of 126
    - Advertisement -

    LATEST NEWS

    MUST READ

    Load more
    Ad

    EDITOR PICKS

    POPULAR POSTS

    POPULAR CATEGORY

    © 2026. All Rights Reserved. Designed by Elite Craft Limited.