Airtel Africa reports profit in Q1

Veon announced it completed the sale of its 49% stake in Kazakh wholesale infrastructure company TNS+ for US$137.5 million following regulatory approval.

Orange signed a partnership agreement with Digital Africa in a move to accelerate support and investment for startups in its incubator centres across Africa and the Middle East.

MTN Group saw a ZAR9 billion (US$506 million) loss and blamed the ongoing battle against currency devaluation in Nigeria and grappling with the civil war in Sudan.