Orange Drives Digital Transformation in Africa, ME

Speaking at its 4th annual strategy and activity update for press and analysts in London on 28 July, Ramon Fernandez, Deputy CEO and Chief Finance and Strategy Officer, Bruno Mettling, CEO of Orange Middle East and Africa (MEA) and Jean-Marc Vignolles, Chief Operating Officer for Orange MEA, outlined their vision and priorities, identifying a number of new sectors and activities in which Orange can play a key role in delivering digital transformation to this region.
Bruno Mettling, CEO, Orange MEA, commented: “The Middle East and Africa remains a key growth contributor for Orange. Today, we are present in 21 countries in the zone, with more than one in 10 Africans being Orange customers. We are investing for the long term and plan to continue playing a major role in the digital transformation of the region, from providing infrastructure and access to communications services through to developing new models that will help the region grow.”
Orange Money – 19 million customers and one billion euros of transactions in one month
Orange Money is part of the Group’s ambition to strategically diversify around mobile financial services. With more than 19 million clients (+36% year on year), Orange Money is a proven success and, for the first time, Orange Money has exceeded one billion euros of transactions in June 2016. It has recorded around 50% growth in revenue in the first half 2016 compared to first half 2015.

spot_img
spot_img
spot_img
spot_img

Hot this week

RMBN Money Market Fund Receives Two-Notch Upgrade to ‘A+’ from Agusto & Co.

RMB Nigeria Asset Management Limited (RMBN AM) has received...

NCDMB, SNEPCo, LADOL Launch Human Capacity Development Programme for Supply Base Services

The Nigerian Content Development and Monitoring Board (NCDMB), in...

NCDMB Hosts Ghana National Oil Coy on Local Content Benchmarking Study

  R-L: Dr. Obinna Ezeobi, General Manager, Corporate Communications, Esueme...

NCDMB’s Oil & Gas Park to Become Operational Q4 2026

The Nigerian Oil and Gas Park Scheme (NOGaPS) at...

Is the Era of the POS Operator Coming to an End?

By Elvis Eromosele Step outside your home in Lagos, Kano,...

Topics

FBN Holdings Reports N595bn Earnings in 2017

Mr. UK Eke Group Managing Director FBN Holdings Plc FBN Holdings Plc...

‘Oando Co-operating with SEC on Investigation’

Oando Plc says it is actively co-operating the Securities...

Are ATMs Going Out of Fashion in Nigeria?

By Elvis Eromosele Nigeria is a cash-driven economy. Yet, today,...

IWD2023: Ecobank Celebrates Women, Assures of Equality at Workplace

  Ecobank Nigeria Limited, a subsidiary of Ecobank Transnational Incorporated...

Experts to Brainstorm on Creating Robust Benefits for Retirees

How to create robust pension benefits for retirees would...

‘Tax Burden in Nigeria is Real’

Dr. Uche Olowu President/Chairman of Council Chartered Institute of Bankers of...

‘Cost of Finance Too Expensive in Africa’

“I would say the biggest challenge companies face is the cost of finance. Funds are very expensive in Africa,” says Jonty Levin, a Partner at financial advisory and structuring specialist, Alkebulan. There are two main reasons why the cost of finance generally remains high across the continent, according to Levin. One is the perceived risk associated with investing in African companies, and another is the shallow financial markets, where limited supply is rationed through higher costs.

Hilal Takaful Paid N220m Claims in 2022, N50m in June 2023

From left: Prince Cookey, Publisher/Editor-in-Chief, Business Journal; Bisi Bamishe,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img