All M-PESA articles – Page 3
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Partnerships & AlliancesM-KOPA lands debt finance from IFC
Safaricom energy financing partner secures $50m loan to pursue expansion in Kenya.
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Public AffairsSafaricom reaches seven figures in Ethiopia as nation preps new licence
Safaricom reaches more than one million customers in Ethiopia only one month after its full launch.
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Strategy & ChangeVodacom plans SuperApp rollout as it closes in on Vodafone Egypt acquisition
“Progress made” in movement towards regulatory approval for Vodafone Egypt acquisition.
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Innovation (R&D)Safaricom sets up unit to find ‘next big things’ in digital
New innovation team within Digital IT function tasked with driving digital services user base towards two million mark.
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OperationsM-PESA set for Ethiopian expansion
Move finally set to go ahead after significant delays.
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Products & ServicesM-PESA leads growth in real time A2A transactions
Account‑to‑account payments now make up 72% of total transactions in Kenya.
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Public AffairsVodafone’s Read on a mission to get everyone a smartphone
Group CEO Nick Read joins UN and ITU in push to improve access to affordable smartphones in poor countries.
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Strategy & ChangeSafaricom’s M-PESA will be ‘standalone entity’
M-money business will reportedly separate in coming months.
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PremiumElsewhere in Vodafone Africa: BII commits $76m (£67m/€76m) to African Infrastructure Fund
Vodacom fibre customers suffer third‑party data breach; Vodacom broadens burgeoning financial services portfolio with new short‑term loan offering.
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OperationsCircle Gas ‘healthy and growing’ despite challenges and CEO exit
Safaricom-backed scale-up flags progress in international expansion of connected, pay-as-you-go cooking fuel proposition.
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Strategy & ChangeSafaricom spreads out on fibre, targets seven-figure connections
Kenyan operator wants to grow its FTTP/FTTB footprint by five times in mid to long term.
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PremiumElsewhere in Vodafone Africa: Safaricom tackles fraud
Safaricom takes action to tackle fraudulent cash reversals on M‑PESA.
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Strategy & ChangeSafaricom eyes African deals to “turbocharge” fintech play
Kenyan operator on lookout for acquisition opportunities to fuel expansion of M-PESA footprint and broaden out its digital services portfolio.
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Network & InfrastructureSafaricom Ethiopia ready to launch network in August
Phased rollout planned for 25 cities by April 2023.
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Strategy & ChangeM-PESA boss eyes South American tie-up
Flagship service’s MD receiving “a lot of interest” from possible LatAm partners.
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PremiumElsewhere in Vodafone Africa: M-PESA launches virtual card
Insurance, loans, and virtual cards launched for M-PESA and VodaPay.
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Partnerships & AlliancesVodacom signs “exclusive” deal with Visa in South Africa
New contract builds on similar deal between Safaricom and Visa for M-PESA. Visa payments option likely to be available as a virtual card integrated into the recently launched VodaPay Super App.
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Partnerships & AlliancesM-PESA gets interoperability boost in Kenya
Airtel, Telkom, and Safaricom customers granted access to M-PESA till payments. Central Bank of Kenya says first phase will “deepen digitalisation” for businesses. Airtel Money and T-kash equivalents still some way off.
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Products & ServicesClaws out for M-PESA from Central Bank, Treasury
Bank Governor Njoroge tells Senate ICT Committee that a standalone m-money business will improve regulation and customer protection in Kenya. Treasury Cabinet Secretary Yatani adds that M-PESA transaction charges are too high. Njoroge and Yatani’s submissions are part of probe into alleged monopolistic practices by Safaricom. Central Bank opens ...
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Products & ServicesM-PESA not threatened by talk of central Kenyan e-money
A central digital currency would not step on M-PESA toes, says MD Sitoyo Lopokoiyit, but cooperation key to finding efficiencies in a market dominated by Safaricom’s e-money offering. M-PESA at 15: 51 million users in seven markets; Kenyan strength; Super App prospects on the horizon, as is competition.