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.
• UAC of Nigeria acquired CHI Limited, known for Chivita juices and Hollandia dairy, from Coca-Cola ...
Senegal’s attempt to diversify its fuel supply by turning to Nigerian crude is bumping up against ha...
• AfDB chief Sidi Ould Tah met BOAD president Serge Ekué in Abidjan on Aug. 30.• Talks focused on jo...
• Nestlé, NGOs urge against delay, propose grace period instead• EU cites technical hurdles, trading...
Côte d’Ivoire traced 40% of cocoa for 2024/25 season Most cocoa remains untracked due to info...
IMF approves $30M for Somalia under ongoing reform program Funds support post-HIPC strategy, stability, and institutional growth Somalia seeks...
EU pledges €1.16B to boost Africa’s energy transition Funds target electrification, grids, and renewable storage in 17 countries Disbursement...
Court upholds ICTSI’s $640M Durban terminal concession deal DCT2 overhaul to boost capacity, fix chronic port congestion Project seen as key to...
Funds to boost farm mechanization, expand training center in Diamniadio Senegal targets food sovereignty, aims to train 700,000 technicians by...
African countries prepare to celebrate Intangible Cultural Heritage Day Planned events spotlight traditions, rituals, and cultural...
The Cape Floral Region is one of the world’s biodiversity hotspots and a source of ecological pride for South Africa. Located in the southwestern part of...