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.
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Africa is projected to supply up to 9% of the global rare earths market thanks to announced mines, p...
Ghana holds talks to address energy debt and tighten sector oversight New inspector, stricter...
COBAC raises bank capital requirement to 25 billion CFA francs from 10 billion Compliance dea...
The regulator accuses AVZ and two executives of misleading investors. The case concerns undisclosed disputes over the Manono lithium project in the...
The budget will fund 20,000 tons of certified potato seeds for farmers. The volume of subsidized seeds rises from 18,346 to 20,000 tons this...
Projects to create 5,500 jobs, introduce first Luxury All-Inclusive resorts Part of Morocco’s plan to attract 26M tourists by 2030 ahead of the World...
Export volumes rose 22% to 3.05 million tons, exceeding 3 million for the first time. Favorable weather, new orchards, and stronger EU demand boosted...
Timkat, celebrated each year in Ethiopia, marks the feast of Epiphany in the Ethiopian Orthodox Church. It commemorates the baptism of Christ in the River...
The Namib Erg, also known as the Namib Sand Sea, is one of the most ancient and spectacular desert landscapes on Earth. Stretching along Namibia’s...