Day: March 27, 2024

By Charity Nginyu

In its 2023 financial report, MTN Group, a leading telecommunication giant, has disclosed its intention to divest from smaller markets within the West and Central African region, Guinea-Bissau and Guinea-Conakry.

A spokesperson for MTN Group confirmed the impending sale of its business segments in the specified African countries but refrained from disclosing the financial details surrounding the transaction. However, it was confirmed that the sale has been accepted by Telecel, a prominent Africa-focused telecommunication service provider.

The decision to sell off its operations in these countries is expected to streamline MTN’s operations and enable a sharper focus on key markets such as Ghana, Cameroon, and Cote d’Ivoire.

These markets, reports say, collectively contribute 18.6% to the company’s revenue and have been identified as strongholds within the West and Central African region.

It is reported that the divestment from Guinea-Bissau and Guinea-Conakry, which together contribute 7
.3% to MTN Group’s revenue, will allow the company to reallocate resources and expertise to bolster its presence in markets with higher revenue generation potential.

Source: Cameroon News Agency

ZeeGo, Cameroon’s innovative smart mobility company is now cruising into Douala. Since launching in the Southwest Region in March 2023, ZeeGo has become synonymous with secure, reliable, and comfortable rides.

Branded as a one-stop shop for ride-hailing, ZeeGo goes beyond basic transportation offering a personalized experience with a portfolio of point-to-point services. Do you need a ride across town? We’ve got you covered. Sending a package? ZeeGo delivers. Schedule your trips in advance and enjoy the peace of mind of an efficient dispatching system that ensures a smooth and timely experience.

Experience the ZeeGo difference with comfort and reliability. Constantly relax and enjoy the ride in our comfortable vehicles.

ZeeGo scheduled rides are hassle-free with a provision for monthly and yearly plans to cover you with flexible payment using state-of-the-art fintech tool integrations all for your anxiety-free life.

Book your trips in advance for guaranteed convenience via the ZGo app (available on the Ap
ple App Store and Google Play Store) or visit our website today https://zeego.cm/

Let ZeeGo be your trusted partner for all your transportation needs in Douala, Buea, and Limbe.

As part of its community ecosystem; Zeego empowers end-users to be part of the Z-Generation of smart mobility users. A partnership with Zeego Drive is an avenue for financial empowerment offered by ZeeGo, Reach out via ZeeGo info channels for the power of living smart at the tip of your fingertips.

Source: Cameroon News Agency