In this year 2024, several telecommunication networks in Africa are aiming to increase their turnover by several percent. Overall, the first 5 generates nearly $ 5 billion on average. Here is a list of the 5 best chosen:
The list comes from the ranking taken from African Finacials.
1. MTN Group
MTN networks, based in South Africa, occupied the second place in the major operator in Africa. The group has a market capitalization of approximately $ 9.5 billion.
All this money is due to its offers such as internet, call and SMS service, especially the momo financial service by being present in 21 countries in the world.
It has more than 280 million users, it is found in countries such as South Africa, Botswana, Uganda, etc. In Central and West Africa, especially in Benin, Cameroon, Republic of Congo, Ivory Coast, etc., it is also in the Middle East in countries such as Afghanistan, Iran or Jordan.
2. Airtel Africa
The company Airtel, is placed second with a capitalization of more than 5.3 billion dollars.
Although Airtel is headquartered in the United Kingdom, it also operates in 14 African countries, providing services such as mobile telephony, internet and mobile payment Airtel money.
Airtel was founded in 2010, with the Indian parent company Bharti Airtel, which in 2010 bought Zain in this 15 African countries it occupied, the transaction rose to 8.97 billion dollars.
Among the countries, we can mention Chad, the two Congos, Gabon, Nigeria, Rwanda, Tanzania and many others.
3. Safaricom
If we talk about telecommunications in Kenya, we directly refer to Safaricom. In our list it is the third company with a capitalization of 3.3 billion in US dollars.
It is the first to have launched the mobile financial service M-pesa in Africa. And then was copied by other African operators. The company is shared by the Government of Kenya, Vodacom and Vodafone and other individual investors through the Nairobi Stock Exchange.
4. Sonatel – West Africa
In the fourth place, we have Sonatel with a capitalization of about 2.8 billion dollars. It is present in African countries such as Senegal, Mali, Guinea and Guinea-Bissau with more than 30 million subscribers.
Its capitalization is generally shared with the Senegalese government with 40% and 40% of Orange France.
5. Orange West Africa
Orange Ci belongs to the French telecom operator. It is in fifth place on our list with nearly 2.6 billion US dollars.
It is found in the country like Ivory Coast, DRC, Mali and Cameroon.
