Another key telecommunications client of IHS Towers, contributing to its improved fortunes.
MTN Nigeria admits 20 startups to Cloud Accelerator Program
MTN Nigeria announced the first cohort of the Cloud Accelerator Program, consisting of 20 startups. Each selected startup will receive a ₦5 million ($3,300) equity-free grant and MTN Cloud credits.
Foreign investors weigh return as Nigeria’s telecom FDI slumps to $80.78 million
FDI in Nigeria's telecom sector dropped to $80.78 million in Q1 2025, a 57.8% decrease from the previous year. The peak FDI recorded in 2014 was $994.33 million, with inflows not exceeding $500 million since 2019.
T2 Mobile gains 200,000 new subscribers immediately after major rebrand
T2 Mobile gained 290,601 new subscribers in July 2025, marking its first growth since late 2023. The company's market share increased from 1.4% to 1.6% following its rebranding.
MTN’s earnings to rebound, backed by strategic Nigerian investments
MTN Group expects headline earnings per share to surge into positive territory for H1 2025. The projected share price range is R6.14 to R6.66, reversing a loss from the previous year.
Condia Insider: Chowdeck cracks Ghana in record time
MTN Nigeria reported a ₦414 billion profit in H1 2025, driven by a stable FX and increased data usage. Treepz, a Nigerian mobility startup, launched operations in Canada with the University of Toronto as its first client.
