All Africa articles – Page 10
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Premium
Joosub says ‘all systems go’ for spectrum auction
Telkom secures court hearing dates in April 2022, after the auction is due to take place. President Cyril Ramaphosa says auction will start by early-March 2022. Six operators apply to take part, including MTN, Telkom, and Vodacom.
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People
Vodacom payment specialist XLink appoints MD
Majority-owned secure payments processor XLink Communications appoints Thanusha Govender with a ‘stay-the-course’ mandate. Former Absa strategy lead replaces stalwart Marnewick.
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Venturing & Investments
Safaricom energy ally Circle Gas lands big Japanese backer
Deal with conglomerate Marubeni Corporation comes with prepaid LPG startup planning to expand beyond Safaricom-supported deployment in Kenya and into new markets in Africa and Asia.
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Operations
Safaricom Ethiopia splashes out $100m on first data centre
Located in capital city Addis Ababa, the installation accounts for one third of a total $300m investment pegged for first year of operations. Data centre, which will house “core network infrastructure”, was built in China and transported to Ethiopia. Rabacal indicates the same business model will be used for ...
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Premium
Auction fate unknown as Telkom mulls interdict U-turn
Spectrum auction may still go ahead, despite initial Telkom protests. Vodacom and MTN unite with South African regulator to fight deferral. Telkom offers to withdraw its interdict, provided rivals are open to an “expedited review” of its complaints. Any delay would represent a sixth postponement of the auction, currently ...
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Suppliers & SCM
Safaricom lauds TIBCO for service and network advances
Kipkirui says microservices and cloud-native APIs from longstanding partner is key in helping OpCo to become an “insights-led, tech-driven company”. Adds that Safaricom has been able to maintain “maximum value” from capex invested in TIBCO. OpCo aims to migrate entire TIBCO BPM stack from on-prem to public cloud by ...
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Premium
Elsewhere in Vodafone Africa: Safaricom expands Lipa Mdogo Mdogo
Safaricom brings China’s Transsion into device financing fold; SODAQ teams with IoT.nxt; new Vodacom buddy Dark Fibre Africa goes on cost-cutting drive.
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Public Affairs
Ethiopia presses pause on third licence contest
Regulator initiates another stoppage after interested parties request delay over RFP “concerns”. Move adds to sense of turbulence around Safaricom’s planned entrance into the country during 2022.
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Premium
Joosub highlights opportunity for 5G FWA across Africa
Vodacom is readying networks for 5G across its footprint. 4G and 5G FWA likely to play a greater role than fibre in supporting broadband connectivity.
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Products & Services
Safaricom to implement advertising on M-PESA platform
Operator hopes to open additional revenue streams for its biggest earner. Parent Vodacom will apply lessons from similar offering with Alipay in South Africa.
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Partnerships & Alliances
Vodacom in talks over rural wireless alliance
Operator scoping out partners to share investment in thousands of extra sites across its sub-Saharan African footprint. Venture adds to wider technology and business model experimentation by Vodacom, to fund network expansion.
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M&A
Vodacom expands into Egypt with Vodafone stake switch
Vodafone to increase its stake in Vodacom to more than 65% following the transaction. Internal deal follows STC’s failed mission to buy Vodafone Egypt during 2020.
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Financial & Performance
Safaricom confident on Ethiopia despite ‘staff evacuation’
Staff safety and security a priority in Ethiopia, says Safaricom’s Peter Ndegwa, but progress remains on track despite distractions. Break-even forecasts braced for impact of conflict. Employees evacuated from Addis Ababa, according to reports.
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Suppliers & SCM
Safaricom in talks with Kenya Power to install smart grid
Build, operate, and transfer deal reportedly under discussion.
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Premium
Safaricom to debut 5G in 2022
Kenyan operator extending 5G trials to “additional towns”; commercial launch slated for 2022. Operator looking to further boost mobile data revenue. Rival Airtel on 5G scene too.
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Public Affairs
UK government defends Ethiopian mobile investment
Vodafone and CDC investment in Ethiopian mobile operator crops up in parliamentary debate on Tigray humanitarian crisis. Investment deemed to be “right” and long term. CDC emphasises role as impact investor with a lot of patience. Vodacom agrees to fund Safaricom Telecommunications Ethiopia.
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Strategy & Change
Elsewhere in Vodafone Africa: Google extends finance initiative support
Google arrows on Africa; XLink ties with AWS; Trend Micro extends range to Africa.
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Partnerships & Alliances
Vodacom’s Super App cushioned if “politics” plays up
Vodacom CEO Shameel Joosub says operator’s VodaPay Super App smarts are protected if political changes affect Alipay. Alipay technology underpins Vodacom’s financial services growth plans. Super App set for commercial launch in South Africa this month.
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M&A
Vodacom aims for 100m fintech users on road to sale
CEO Shameel Joosub sets sights on nine-figure base to win better bargaining position with potential buyers and partners. Vodacom taking control of fintech offerings in Ghana and Egypt, to fuel expansion.
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M&A
Vodafone’s nudge technique gets STC ‘back to table’
Regional media reports indicate that Saudi Telecom Company is seeking to revive a buyout of the Group’s Egyptian business, after failure of 2020 deal. Move follows Vodafone’s exploration of an internal switch of Egyptian OpCo.