Airtel Money expands its services beyond CEMAC and connects 31 African countries

Airtel

Airtel Money officially announces the launch of its new international money transfer service, marking a decisive step forward in the development of financial inclusion in Africa. This expansion now allows users to send money from their mobile phones to 31 additional countries on the continent, well beyond the CEMAC zone.

Already firmly established in the six countries of the Economic and Monetary Community of Central Africa (CEMAC) – Congo, Cameroon, Gabon, Chad, the Central African Republic and Equatorial Guinea – Airtel Money is taking a new step forward with this expanded offering via the GIMAC Pay network.

Pan-African coverage, affordable pricing

The new service allows subscribers to send funds to key destinations such as Mali, Senegal, the DRC, Benin, and Côte d’Ivoire, among others, at a single rate of 3.8% excluding VAT for transfers outside the CEMAC region. Users can easily access the service by dialing *128*8# on their mobile phone.Airtel Money reaffirms its promise of a simple, secure, transparent, and 24/7 service for both individuals and businesses. This initiative responds to the new dynamics of trade, migration, and the growing need for interconnection on the continent.

A pan-African vision of financial inclusion

By facilitating money transfers across regional borders, Airtel Money aims to strengthen economic and social connectivity between African people, while contributing to the modernization of the continent’s financial infrastructure.

Source: Agency EcoFin

Rektron and Afritel to Acquire 60% Stake in Ghana’s AT Telecom

MG_1337

Source: Innovation-Village.com

Rektron Group Incorporated, a global energy and infrastructure giant, is set to make a strategic entry into Ghana’s telecom market by acquiring a 60% stake in AT Ghana Limited (formerly AirtelTigo), in partnership with local telecom firm Afritel Ghana Limited.

This acquisition follows the signing of a Memorandum of Understanding (MoU) with the Government of Ghana on May 21, 2025. Currently, AT Ghana is wholly owned by the government. The proposed deal aims to inject fresh capital, global infrastructure expertise, and operational best practices into the operator, whose market share has sharply declined—from 25.82% in 2018 to 7.89% by the end of 2024, according to the National Communications Authority (NCA).

Rektron’s pivot into telecoms reflects a broader strategy to enhance digital infrastructure across Africa. For Nana Richmond Aggrey, founder of Afritel and co-founder of Scancom Ghana (now MTN Ghana), the deal signifies a return to a sector he helped pioneer.

“This partnership marks a major milestone in our mission to advance telecommunication services in Ghana,” said Aggrey. “We will expand AT Ghana’s reach, improve network reliability, and reduce the cost of mobile data—empowering more Ghanaians to participate in the digital economy.”

AT Ghana currently offers voice, data, mobile financial services, and enterprise solutions to over 2.3 million customers. Rektron and Afritel intend to build on this base to extend services to underserved areas, modernize operations, and enhance competitiveness.

Samuel Nartey George, Minister of Communications and Digital Technology, endorsed the initiative, highlighting its alignment with Ghana’s digital economy agenda—especially goals around access, innovation, and job creation.

However, the acquisition is contingent on regulatory approvals, due diligence, and finalization of financial terms. Notably, AT Ghana’s GHS 3.5 billion debt (approx. $342 million as of March 2024) remains a hurdle.

Despite this, Rektron CEO Atanas Kolarov affirmed the company’s long-term commitment:

“This move underscores our vision to drive connectivity, innovation, and inclusive growth across Africa.”

If completed, the deal could reshape Ghana’s telecom landscape, restore competition, and bring affordable, high-speed digital services to millions.


Credit: Innovation-Village.com

Airtel Zambia Backs SME Growth Through Strategic Partnership

Airtel

Airtel Zambia PLC has teamed up with Impact Capital Africa Zambia and Airtel Money Mobile Commerce to drive small business development and strengthen Zambia’s digital economy.

The initiative promotes financial inclusion by expanding digital payment solutions through Airtel Money’s open APIs, which support USSD, QR codes, and online payments.

Airtel Money Director, Andrew Chuma, underscored the growing demand for digital payments and called on partners to collaborate in advancing innovation and economic growth.

The partnership was announced during a conference that brought together leaders from various sectors to share strategies for SME-driven financial sector development.

Source: Extensia.tech

AT Ghana CTO Named Among Africa’s 12 Most Influential Telecom Leaders

Emmanuel Owusu

Emmanuel Kwabena Owusu, Chief Technology Officer of AT (formerly AirtelTigo), has been named one of Africa’s 12 Most Influential Telecoms Leaders by the Africa Tech Festival 2025. He is featured in the festival’s annual 100 African Leaders in Tech and Telecommunications report, which celebrates pioneers driving innovation and digital transformation across the continent.

Emmanuel’s recognition highlights his visionary leadership and technical expertise. At AT Ghana, he has championed the expansion of 4G and the rollout of Multi-Operator Core Networks (MOCN) and national roaming—key advancements improving connectivity in underserved areas.

Previously, he served as AT’s Director of Network Planning (2020–2022), where he led a major network integration project. His earlier work at Tigo Ghana included overseeing the first-ever Airtel-Tigo network merger—an industry first in Africa. His career also spans senior roles at Vodafone Ghana, Ericsson, and Huawei.

In a LinkedIn post, Emmanuel thanked his Networks Team, writing: “I am greatly humbled by this recognition… Let’s continue to push boundaries together.”

The Africa Tech Festival praised the honorees as “catalysts for inclusive growth and innovation.” AT Ghana called the award a shared success, saying, “Leadership is never a solo journey.”

This accolade places Emmanuel among a distinguished group shaping Africa’s digital future and reflects AT Ghana’s commitment to inclusive connectivity and innovation.

Source: My Joy Online

Zambia Partners with Airtel and IHS to Boost Telecom Coverage

Airtel

The Zambian government has partnered with Airtel Zambia and IHS Towers to deploy 152 telecom towers over six months, aiming to raise network coverage to 91.6% at a cost of $14 million.

Announced on April 2, the initiative is part of Zambia’s broader digital transformation agenda under the Eighth National Development Plan (8NDP), which prioritizes public-private partnerships to expand mobile and broadband infrastructure, enhance digital literacy, and drive innovation in key sectors.

Percy Chinyama of the Smart Zambia Digital Transformation Institute emphasized the role of private sector collaboration following a March meeting with Airtel Africa representatives.

The Ministry of Technology and Science reaffirmed Zambia’s commitment to universal connectivity but noted that success depends on overcoming challenges such as device affordability, high service costs, and limited digital skills. As of 2023, internet penetration stood at just 31.2%, according to the ITU.

Source: Extensia

Airtel Africa Set to Receive $100M Investment from IFC for Operations Growth

Airtel

IFC is considering a $100M investment in Airtel Africa, allocating $70M to Kenya and $30M to Rwanda for telecom expansion.

The International Finance Corporation (IFC) is considering a major investment in Airtel Africa to strengthen its telecom operations across East Africa, Informer East Africa has reported.

The report further mentions that the proposed funding, totaling $100 million, is expected to allocate $70 million to Airtel Kenya and $30 million to Airtel Rwanda, potentially supporting network expansion and service enhancements in both markets.

Source: TechAfrica News

GIFEC strengthens ties with AT Ghana to enhance rural connectivity

GIFEC

The acting Administrator of the Ghana Investment Fund for Electronic Communications (GIFEC), Dr. Sofo Tanko Rashid-Computer, has paid a courtesy call on the Chief Executive Officer of AT Ghana, Mr. Leo Skarlatos, as part of ongoing efforts to foster stronger collaboration between GIFEC and AT Ghana in addressing rural connectivity challenges across the country.

The high-level engagement centered on improving telecommunication infrastructure in unserved and underserved communities, enhancing the performance of AT Ghana sites under the Ghana Rural Telephony and Digital Inclusion Project (GRT&DIP), and exploring innovative ways to drive digital transformation.

During the meeting, the Administrator highlighted the significance of partnerships in accelerating Ghana’s digital inclusion agenda. He emphasized that GIFEC, through its various projects, has been working to bridge the digital divide by ensuring that every Ghanaian, regardless of location, has access to affordable and reliable telecommunications services. However, he noted that achieving this goal requires the active participation of key industry stakeholders like AT Ghana.

A key focus of the discussion was the operational challenges faced by AT Ghana’s sites under the GRT&DIP. The administrator called for stronger technical and infrastructural support from AT Ghana to enhance the efficiency of these sites, ensuring seamless connectivity for the thousands of people who rely on them for communication and digital services. He stressed the need for periodic assessments and collaborative interventions to optimize service delivery in rural areas.

Furthermore, Dr. Tanko Rashid-Computer reiterated the importance of sustained financial support from telecommunications companies towards GIFEC’s mandate. He urged AT Ghana to redeem its statutory 1% contribution to GIFEC, which is crucial for sustaining initiatives that expand digital access. These contributions, he noted, enable GIFEC to deploy critical infrastructure, provide ICT training, and roll out digital skills programs that empower individuals and businesses in remote areas.

Beyond rural connectivity, the discussion also touched on the government’s broader vision for digital transformation. The Administrator briefed the AT Ghana CEO on the proposed amendment to the Communications Act, which established GIFEC, aligning with H.E. the President’s vision to transform the Fund into a Digital Economy and Innovation Development Fund. This new framework will position GIFEC as a key enabler of Ghana’s digital economy by providing financial support for innovative technology-driven projects, equipping millennials and Gen-Zs with entrepreneurial skills, and fostering economic growth through digital innovation.

In response, the CEO of AT Ghana, Mr. Leo Skarlatos, expressed his company’s unwavering commitment to supporting GIFEC’s mission. He acknowledged the challenges facing the telecommunications industry but reaffirmed AT Ghana’s dedication to fulfilling its obligations, including redeeming its contributions to GIFEC. He also pledged AT Ghana support in implementing innovative solutions to enhance rural connectivity, such as deploying alternative power solutions for remote cell sites, leveraging emerging technologies to optimize network performance, and exploring new financing models for sustainable infrastructure development.

Recognizing the need for continuous engagement, both parties agreed to hold further meetings to deepen collaboration and refine strategies for achieving shared goals. Mr. Leo Skarlatos assured GIFEC of their willingness to partner on future projects that align with Ghana’s digital transformation agenda, including potential initiatives that will expand broadband penetration, improve mobile network coverage, and facilitate ICT capacity-building programs in rural areas.

The GIFEC delegation at the meeting included the acting Deputy Administrator, Hon. Abdul-Aziz Mohammed; Director of Operations and Ag. Director of Administration & HR, Alhaji Yahaya Zakaria Osman; the Director of Finance, Mr. Henry Agyeman Boateng; Senior Manager and PA to the Administrator, Ms. Ruth Ayiintimii Azantilow; Head of Corporate Affairs, Mr. Fredrick Kojo Aidoo; and Mr. Vincent Owusu Amponsah.

Present for AT Ghana included Mr. Emmanuel Owusu, the Chief Technical Officer (CTO), Chief Legal & Regulatory Officer, Mr. Emmanuel Adjei, and Benjamin Bagyio Adu, Head of Communications and Media Engagement.

Source: My Joy Online


Airtel CEO Credits Focused Strategy for Financial Turnaround

Airtel

Bharti Airtel CEO Gopal Vittal attributed the company’s financial turnaround to a focused capital allocation strategy aimed at improving service quality. Speaking at MWC25 Barcelona, he said Airtel is “obsessed about experience” and is pursuing partnerships that add value for customers.

Vittal explained Airtel made a bold decision to target the top 40% of customers who generate nearly 80% of industry revenue, positioning the company for growth amid market consolidation. He described the earlier environment as a “competitive onslaught,” with revenues plunging 30% and ten operators exiting the market.

He highlighted that Airtel’s revenue share has grown from 29% to over 40% in the last 8–9 years, and its market capitalization has surged from $20 billion to nearly $120 billion.

Source: Mobile World Live

Airtel Nigeria launches AI spam alert service

Airtel

Airtel Nigeria has launched an artificial intelligence (AI) spam detection tool for customers to combat the plague of spam messages.

Dr. Bosun Tijani, minister of communications, innovation, and digital economy, and Dr. Aminu Maida, executive vice chairman of the Nigerian Communications Commission, both commended the launch.

The service will begin in Nigeria, targeting Airtel users on smartphones and feature phones. According to the business, there is no app installation or activation required, and it is free for users.

Airtel said the AI spam alert service will be rolled out in all 13 additional Airtel Africa countries in the coming months, protecting millions of Airtel consumers.

“This innovative service keeps you safe and secure,” said the telco.

Source: Extensia

Airtel chair pushes for tie-ups with sat players

Airtel

Bharti Airtel chair Sunil Mittal (pictured) called on governments and regulators to allow consolidation to give mobile players the incentive to invest heavily in new infrastructure and partner with satellite operators.

Mittal insisted it’s not the time to fight with each other but to work together. “We have a mission to finish the job of covering the last 400 million people,” highlighting satellite service is the solution to filling coverage gaps.

Regarding consolidation, he insisted it is time to embrace each other, share and compete in the marketplace. “Compete on the strength of your brands, your services, but don’t try to compete by building solo capital infrastructure.”

He asked: “How many fibre highways are enough? How many duplicate towers are enough?”

India had 12 operators at its peak. Spectrum was fragmented, small networks were being built, he said. “Everybody was chasing urban, lucrative areas at the cost of rural,” which disparately required coverage.

The country is now down to three, giving operators the necessary scale. “We have 4G and 5G coverage in every corner of the country.”

Mittal also urged authorities to lower taxes and allocate sufficient spectrum at affordable costs.

While average industry revenue growth is around just 2 per cent, he stated year after year operators face demands to buy expensive spectrum, putting $200 billion into capex annually.

The chair said he hopes this message will resonate with industry stakeholders, and “we will start to reset our industry”.

“This is one industry that is bearing the burden of building out the digital infrastructure across the globe. How much is this industry taking the load itself? The return on capital is just an average of 4 per cent.”

Source: Mobile World Live