Tanzania

Vodacom Tanzania announced the launch of what it described as the first 5G network in the African country, although availability will initially be limited to sites in the capital Dar es Salaam.

Airtel Tanzania united with I&M Bank Tanzania in launching a mobile money service which allows customers to make payments without having sufficient funds in their digital wallets, in an aim to boost financial inclusion in the African country.

Airtel Africa pushed on with a strategy of selling passive infrastructure assets to cut debt, agreeing to offload 1,400 towers in Tanzania for $175 million. The buyer is a joint venture formed by investment companies SBA Communications and Paradigm Infrastructure.

Millicom agreed to sell its operations in Tanzania and divest its stake in the AirtelTigo joint venture in Ghana operated with Bharti Airtel, completing the final chapter of its long-running strategy to exit Africa and concentrate on Latin America.

International money transfer company WorldRemit extended its reach in Tanzania to include mobile money accounts provided by Vodacom.

Bharti Airtel agreed to pay the Tanzanian government TZS60 billion ($26. 1 million) and write-off a $407 million debt as part of a package of measures to resolve a bitter ownership dispute, Bloomberg reported.

Bharti Airtel agreed to sell part of its stake in its Tanzanian unit to the government, following talks between the two parties to resolve a dispute around ownership, as it reportedly looks to acquire Telkom Kenya.