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Home - Africa - 👨🏿‍🚀TechCabal Each day – MTN eyes IHS takeover
Africa

👨🏿‍🚀TechCabal Each day – MTN eyes IHS takeover

NextTechBy NextTechFebruary 6, 2026No Comments6 Mins Read
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👨🏿‍🚀TechCabal Each day – MTN eyes IHS takeover
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TGIF. ☀

We’re dropping our Predictions undertaking at this time. In it, we ask a few of Africa’s most skilled executives, buyers, and journalists to assist us make sense of what to anticipate in African tech this yr. 

We bought a variety of completely different predictions starting from Kenyan youths specializing in agritech, to VCs considering that the asset gentle mannequin has misplaced its benefit, cybersecurity being an investable sector and even a prediction on Africa’s digital media financial system.

Our predictors work at Antler, Launch Africa, VunaPay, Redtech, Bayse (previously Gowagr), Verod-Kepple, TLcom, Flourish Ventures and different corporations and corporations.

Examine our web site by midday to see these predictions. 

today's edition image

  • MTN strikes to accumulate IHS Towers
  • Rwanda would now use drones to ship medication
  • Who secured the bag?💰
  • World Large Net 3
  • Job Openings

telecoms

MTN strikes to accumulate IHS Towers

access abnk eyeing remittance meme

Meme, Picture supply: Tenor

MTN Group, Africa’s largest telecommunications firm, is in talks with the Johannesburg Inventory Change to accumulate a controlling stake in IHS Towers, an unbiased proprietor and operator of shared communications infrastructure, and the identical firm that purchased over 5,000 of MTN’s South African towers in 2022. If the deal goes by means of, MTN would personal about 75% of IHS, successfully shopping for again the infrastructure it as soon as bought.

Why MTN bought the towers within the first place: Like many telcos, MTN bought its towers to unencumber money and scale back capital expenditure. Towers are costly to construct and keep. Tower corporations like IHS concentrate on proudly owning and sustaining passive infrastructure, like metal towers, whereas operators deal with prospects, spectrum, and providers.

So why purchase them again now? Proudly owning towers once more might decrease long-term working prices and scale back reliance on a 3rd get together. By buying IHS, MTN would internalise these prices and regain direct management over the place and how briskly community infrastructure is deployed. MTN has knowledgeable shareholders that this deal might transfer its share value. Shopping for IHS would reshape MTN’s steadiness sheet, money circulate, and threat publicity.

Nothing is remaining. MTN nonetheless wants regulatory approvals, shareholder consolation, and settlement on value and construction. Till these containers are ticked, this stays a proposal.

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FINCRA X ATS Nairobi 2026

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As Headline Sponsor of ATS 2026, Fincra is constructing the monetary rails that join Africa to the worldwide monetary ecosystem by means of resilient infrastructure that delivers. Get began with Fincra.

corporations

Rwanda companions with Zipline to make use of drones to ship medication

TC Featured Image design 2026 02 05T174056.654

Picture supply: Zipliine

Rwanda has signed an growth settlement with Zipline, a US-based drone logistics firm that just lately secured a $150 million US funding to scale drone-powered medical deliveries throughout Africa.

Why this deal is completely different: The cash is coming by means of a “pay-for-performance” mannequin backed by america Division of State. The US desires African governments to undertake drone logistics as nationwide infrastructure, and never an experiment that fades after a number of years. Rwanda is the primary beneficiary. 

What Zipline is definitely constructing: Below the settlement, Zipline will roll out its city supply system in Kigali, the place a big share of Rwanda’s healthcare demand sits. It’s additionally including a brand new long-range distribution hub and increasing protection to greater than 11 million folks. On prime of that, Rwanda will host Zipline’s first abroad AI and robotics testing centre.

What this deal means: Drones turning into a core infrastructure in African international locations’ well being techniques means sooner supply of blood, vaccines, and medicines, which may straight enhance outcomes in emergencies.

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Uncover suppliers and handle logistics in a single safe platform.

Logistics Market connects logistics consumers with logistics suppliers throughout Africa. Construct your profile, reply to tenders, and develop your enterprise. Free, backed by International Fund & Gates Basis. Use Entry Code: WELCOME2026!

Insights

Funding Tracker

unnamed 26

Picture supply: Success Sotonwa, TechCabal Insights

GoCab, a Pan-African mobility startup, secured $45 million in funding. The spherical comprised of $15 million in fairness co-led by E3 Capital and JANNGO Capital, alongside KawiSafi Ventures and Cur8 Capital, and $30 million in debt. (Feb 3)

Right here is the opposite deal for the week:

  • Lula, a South African fintech startup, raised $20 million in funding from Dutch growth financial institution FMO (Feb 4)

Observe us on Twitter, Instagram, and LinkedIn for extra funding bulletins. Earlier than you go,right here’s what we lined within the launch of our State of Tech in Africa Overview for 2025. Discover out extra right here.

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Attend Africa Tech Summit, Nairobi

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Africa Tech Summit Nairobi, powered by Fincra takes place on Feb 11 & 12, 2026. Join with Binance, Moniepoint, VALRdotcom, Andela, Cardano, Wada, ConduitPay & extra. Charges improve on 6 February

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JOB OPENINGS

  • Large Cabal Media — Affiliate Videographer/Video Editor (full-time); Senior Monetary Analyst (full-time); Zikoko Citizen Reporter (full-time); Content material Creator (contract); Journalist (contract); Venture Affiliate (contract); Senior Editor (contract); Senior Author (contract) — Lagos, Nigeria 
  • Piggyvest — Senior Accounting Affiliate, Buyer Success Intern — Lagos, Nigeria
  • Buffer — Senior Engineer, Progress Advertising — Distant
  • Moniepoint — A number of roles — Distant (Nigeria)
  • FirstBank — Enterprise Improvement Lead, eCommerce & Retail — Lagos, Nigeria
  • Wave — Machine Studying Scientist — Nairobi, Kenya
  • Pavago — Buyer Success Supervisor — Distant (Kenya)

There are extra jobs on TechCabal’s job board. When you’ve got job alternatives to share, please submit them at bit.ly/tcxjobs.

in other news image
  • For South Africa’s auto tech sector, AGOA’s extension is a lifeline
  • Fintechs ask CBN for progress fund, regulator says it could possibly solely play matchmaker
  • Cellulant names long-serving tech chief to steer product and know-how

Written by: Success Sotonwa and Opeyemi Kareem

Edited by: Ganiu Oloruntade

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