In May 2022, Ethiopia launched its 5G network, Interswitch raised $110 million in investment, and we curated these and other notable stories. As we commence June, let’s look back on some of the notable stories that broke in the African tech ecosystem in May while we wait for what the last month of Q2 2022 holds. In Africa, 6 countries—South Africa, Kenya, Mauritius, Botswana, Zimbabwe, and Seychelles— aside from Ethiopia have launched 5G. These figures now stand at $421.2 million, $88.7 million and $332.6 million, respectively, as of March 31, 2022. “Effective today, May 30, 2022, we are optimizing our operations in some of our markets while reducing our workforce.

Source: The North Africa Journal June 01, 2022 10:14 UTC