Countries in Africa have been facing significant internet disruptions over the past five days. The problem, we learned, is due to technical incidents affecting three of the main undersea cables connecting the countries.
Moov Africa's divisions in Benin and Côte d'Ivoire are leveraging the current internet outage crisis across Africa to expand their customer base. These operators remain fully operational despite the widespread connectivity issues impacting their competitors, prompting them to ramp up efforts to attract new clients.
To cater to the varying needs of potential customers, both companies have recently extended their store opening hours throughout the weekend. As efforts continue to fully restore internet services on the damaged high-speed telecom infrastructures, Moov Africa Benin and Moov Africa Côte d'Ivoire anticipate a significant increase in their subscriber bases in the coming days. This potential boost in clientele is expected to strengthen their standings in their respective markets.
In Benin, Moov Africa held 34.06% of the mobile telephony market share as of September 30, 2023, according to statistics from the Regulatory Authority for Electronic Communications and Posts (ARCEP). Its competitors, MTN and Celtiis, held 55.42% and 10.52% market shares, respectively.
In Côte d'Ivoire, Moov Africa controlled only 18.8% of mobile telephony subscribers in the second quarter of 2023, as per the Telecommunications/ICT Regulatory Authority (ARTCI) statistics. Its competitors, Orange and MTN, held 47.4% and 33.8% of the market shares, respectively.
Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
Arise IIP plans to invest more than $3 billion in Kenya over five years The company wi...
Efforts to reinforce health systems are gaining pace across Africa, with this week’s developments fo...
Mauritanian Zeine Zeidane has been appointed director of the IMF’s Africa Department. A former prime minister and an IMF official for more than a decade,...
Africa’s sports economy could expand from $12bn to $30-35bn over the next decade Tourism contributes up to 8% of GDP across the continent,...
A two-year partnership will support women entrepreneurs with finance and training The initiative targets underserved and refugee-hosting...
Chevron has taken a final investment decision on the Aseng Gas Monetisation project. The project targets 550 billion cubic feet of gas with an...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...