Mobile telcos on the continent are certainly having a rough time of it on the continent. In the same week that MTN South Africa CEO, Mteto Nyati, announced his resignation, a consortium of banks including Guaranty Trust Bank, Access Bank and Zenith Bank reportedly assumed control of Etisalat Nigeria over an outstanding $1.72 billion loan.

Media reports suggesting that Etisalat Nigeria has failed to meet its debt servicing obligations since 2016 have led to speculation over what might have contributed to this crisis– could it be unsound management decisions or simply an unfortunate consequence of operating in Nigeria’s recessionary environment?

In this week’s African Tech Round-up, Simon Dingle joins Andile on the show to comment on the week’s biggest headlines and to discuss the import (or lack thereof) of Bitcoin reaching price parity with gold, as well as to share insights on the exciting potential of blockchain technology to revolutionise monetary regimes on the continent.

 

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TC Townhall: The State of Healthtech in Nigeria will convene some of the leading healthcare innovators, investors and policymakers to discuss the challenges and opportunities in the sector. As well as put together proposals that policymakers can implement to support the rapid growth of the sector.

Features, Gadgets, Technology
15th December 2018

As far as I can recall, I’ve owned seven phones in the last nine years, four of which forcefully ended up with people who needed them more than I did. Out of the remaining three, I recall handing one down to a younger sibling and disposing another in a waste bag during spring cleaning. I haven’t given much thought to where my current phone will end up when it no longer serves its purpose. Until now.


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