The Chief Executive Officer of France largest telecoms “Orange” Stephane Richard,made to known that,Orange is set to make an entry into Nigeria and South Africa in few months. According to CMM Reporters
Orange said earlier this year,it was bringing its operations in the Middle East and Africa into a single entity, paving the way for a potential listing of the operations that could raise cash to invest in overseas expansion.
Stephane also explained that the operator will be looking to enhance partnerships with health companies or institutions.
According to CMM the Middle East, and Africa where Orange has a presence in 18 countries, is the company fastest growing market.
“ It could make sense to be in economies such as Nigeria and South Africa. If one considers there are things to do, the time frame I am considering is rather a few months than a few years.”He said
The region makes a large chunk of its revenues from payment transfers a key part of the groups diversification into financial services.