Africa – Page 5
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Financial & Performance
Safaricom issues green financing to fuel ESG investments
Sustainability-linked loan facility set to “unlock” Kenyan operator’s investment diversification plans.
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Partnerships & Alliances
Vodacom declares war on load shedding with virtual wheeling agreement
Vodacom seals virtual wheeling agreement with South African power provider Eskom.
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Network & Infrastructure
Vodacom brands new TowerCo business as Mast
Vodacom sticks with simplicity in branding its new South African tower spinoff.
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Partnerships & Alliances
Safaricom kicks off AI ‘revolution’ with footballing tie up
Operator links up with Catapult and IMG to showcase AI capability for Kenyan grassroots sports.
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Premium
Vodafone Peoplewatch: Safaricom calls in reinforcements after Chair exit
August 2023 update: Michael Joseph leaves Safaricom’s Board in Kenya, with Dr John Mosonik and Murielle Lorilloux joining as Non‑Executive Directors.
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Premium
Elsewhere in Africa: Ethiopia prepares for third operator
Ethiopia prepares for third operator.
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M&A
MTN CEO: consolidation “inevitable” for South Africa despite Vodacom’s fibre challenge
Ralph Mupita expressed his surprise that Vodacom’s fibre consolidation proposal is facing regulatory blocks, but reiterated pro-consolidation stance.
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Financial & Performance
Circle Gas turnover soars but expansive ambitions yet to materialise
Safaricom-backed clean cooking scaleup quadruples turnover against previous financial year but reports net loss. Now with refreshed leadership, finance, and international expansion ambitions…
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Network & Infrastructure
Safaricom CEO calls on government to bolster fibre protection
Peter Ndegwa calls on Ruto administration to list fibre cable assets as critical infrastructure.
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Products & Services
Safaricom launches M-PESA in Ethiopia, aims to mirror Kenyan success
Safaricom Ethiopia sets m-money platform live after three-month trial and Hibret Bank partnership.
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Network & Infrastructure
Vodacom connects 2Africa in latest subsea expansion
Vodacom sets Mozambique landing station live as 2Africa progress continues.
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Public Affairs
State of emergency provokes Safaricom Ethiopia network shutdown
Operator shuts down sites in Ethiopia’s second most populous region, Amhara, after conflict breaks out between military and Fano militia.
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M&A
Vodacom’s fibre plans knocked back by SA antitrust findings
South Africa’s Competition Commission recommends against regulatory approval, but Vodacom assures investors that the altnet consolidation plans are not finished.
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Vodafone Peoplewatch: Vantage recalibrates board, elects new Chair
July 2023 update: Vantage Towers downsizes Supervisory Board, with Pierre Klotz replacing Rüdiger Grube as Chairman.
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M&A
e& weighs 20% Vodafone stake, but keeps investment options open
e& testing the waters with regulatory and competition authorities in multiple countries on raised stake, with “no red flags” raised yet.
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Financial & Performance
Q1 FY23–24: Vodafone’s turnaround trudges on as Della Valle heralds ‘first steps’
CEO Margherita Della Valle claims early efforts are starting to bear fruit as the Group posts revenue growth.
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Financial & Performance
Vodacom boosts revenue as Egypt proves its worth
Group’s Q1 results showcase strength of Vodafone Egypt addition, but revenue growth recorded with or without the North African OpCo.
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Partnerships & Alliances
Safaricom commits to Ethiopia’s digital transformation agenda
STE, JICA, and Sumitomo add signature to collaboration agreement as state seeks to further Digital Ethiopia 2025 strategy.
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Premium
Vodafone Q1 FY23-24 Headlines: Europe battles on despite stumbles at the top
European markets battle on but Germany, Italy, and Spain still faltering.
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Network & Infrastructure
Vodacom pledges more cash for network and backup power expansion
Vodacom investing in network and power backup upgrades in South Africa’s Eastern Cape.