Nigeria's National Communications Commission (NCC) has gained veto power over significant telecom deals, a move it claims will benefit investors. The effectiveness of this new regulation will depend on the NCC's ability to approve transactions promptly, which will be crucial for major players like Airtel, MTN, and Glo.

MTN Uganda has remitted UGX 54.27 billion to the Uganda Communications Commission (UCC) to enhance digital inclusion and support ICT development in the country. This payment is part of the company's efforts to contribute to the growth of digital services in Uganda.

Beltone's first-quarter results indicate that its acquisition of Baobab, a pan-African lender operating in seven countries, has significantly contributed to its growth strategy. This approach focuses on cross-border expansion rather than traditional market-by-market growth, making Baobab Beltone's largest business just three months post-acquisition.

The National Communications Commission (NCC) and the Corporate Affairs Commission (CAC) are intensifying their enforcement regarding changes in telecom ownership in Nigeria. This development is part of a broader discussion that includes topics such as Spiro's $55 million investment in electric vehicles, potential US-Iran peace talks that may affect MTN's frozen assets, and the preloading of DStv Stream on Samsung TVs.

Vodacom has gained majority control of Safaricom, acquiring a 55% stake in the company. This development comes alongside the Communications Authority's decision to penalise telecommunications companies for subpar service. Additionally, MTN has stated that protests regarding migration have not affected its operations, according to Techpoint Africa.

MTN Mobile Money (U) Limited has appointed Phrase Lubega as the new Managing Director, as announced by the Board of Directors. His appointment is pending regulatory approval from the Bank of Uganda. Lubega, a Ugandan national, has significant experience in the industry, marking a return to a leadership role within the company.