All Safaricom Telecommunications Ethiopia (STE) articles – Page 3
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PremiumVodafone Peoplewatch: Cell C swoops for ex-Vodacom execs
June 2023 update: Former Vodacom consumer chief Jorge Mendes takes top job at South African operator Cell C.
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Strategy & ChangeE& expansion rumours encroach on Vodafone turf
Vodafone’s largest shareholder following through with global growth ambitions, with early targets coinciding with European operator’s satellites.
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PeopleSafaricom Ethiopia loses CEO as Soussa’s time comes to an end
Anwar Soussa to exit at the end of July, with no replacement yet named.
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PremiumElsewhere in Africa: Ethiopian market braces for third entrant
Ethiopian market braces for third entrant.
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Venturing & InvestmentsWorld Bank investment arm swoops for stake in Safaricom Ethiopia
World Bank’s IFC to take minority stake in STE with $157.4m equity investment in parent Global Partnership for Ethiopia.
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PremiumSafaricom granted licence for Ethiopian M-PESA launch
Ethiopian national bank hands Safaricom Telecommunications Ethiopia its mobile money licence, breaking state monopoly.
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PremiumWorldLink bags funding to expand Nepal coverage
Nepalese ISP WorldLink to leverage financing from British International Investment and Dolma Fund Management to expand coverage.
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PeopleNdegwa says ‘no question’ over Safaricom CEO spot
Safaricom CEO Peter Ndegwa dismisses departure rumours as he approaches three years at the helm.
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PremiumVodafone people moves: Safaricom Board shuffles once again
Karen Kandie and Ory Okolloh announced as new board members, replacing Stanley Kamau and Bitange Ndemo, respectively.
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Premium‘Final touches’ being added to M-PESA before Ethiopia launch
M-money platform could be rolled out in African nation within upcoming financial year.
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PremiumSafaricom, Vodacom drop more cash into Ethiopian kitty
Share issue by parent vehicle opens up more funds for Safaricom Telecommunications Ethiopia’s startup rollout
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PeopleSafaricom installs KCB’s Waititu as fintech lead
Operator brings in Esther Waititu as Chief Financial Services Officer.
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PremiumSafaricom swaps in new Ethiopian CTO
Greenfield network roll out lead Pedro Rabacal exits, with Safaricom networks chief James Maitai taking over.
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PremiumSafaricom to replace Chairman after brief tenure
John Ngumi exits Safaricom boardroom just five months after stepping up.
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Public AffairsEthio Telecom declares legal offensive on Safaricom after outages
State-owned Ethio Telecom threatens legal action against Safaricom Ethiopia after line installations allegedly cause service blackouts.
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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 & ChangeCEO: Safaricom to keep Ethiopia control as IFC lines up stake
Peter Ndegwa tells local media that Safaricom will remain a majority owner of new Ethiopian venture despite pending capital injection by International Finance Corporation.
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OperationsM-PESA set for Ethiopian expansion
Move finally set to go ahead after significant delays.
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PremiumElsewhere in Vodafone Africa: STE strikes deal with IPDC to build Addis Ababa data centre
Vodafone Foundation commits to national expansion of maternal health programme; M‑PESA leads growth in real‑time A2A transactions.