All Safaricom Telecommunications Ethiopia (STE) articles – Page 3
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Strategy & Change
Orange CEO downplays Ethiopia ambitions
Heydemann currently sees little opportunity for value creation in Ethiopia under current conditions. Read more about Orange’s MEA powerhouse strategy and Q2 performance, incl. Orange Money…
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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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Financial & Performance
BII lauds digital infra investment impact in tough economic climate
BII CEO Nick O’Donohoe sees private sector funding as critical to delivering long-term, sustainable solutions that grants alone cannot provide.
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Financial & Performance
Kenya “talent war” rages as Safaricom focuses on skills
Kenyan operator warns that the talent pool must grow wider and deeper to achieve digital transformation ambitions.
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Premium
Vodafone 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 & Change
E& 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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People
Safaricom 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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Elsewhere in Africa: Ethiopian market braces for third entrant
Ethiopian market braces for third entrant.
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Venturing & Investments
World 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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Premium
Safaricom 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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WorldLink 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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People
Ndegwa 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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Premium
Vodafone 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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‘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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Premium
Safaricom, 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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People
Safaricom installs KCB’s Waititu as fintech lead
Operator brings in Esther Waititu as Chief Financial Services Officer.
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Premium
Safaricom 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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Premium
Safaricom to replace Chairman after brief tenure
John Ngumi exits Safaricom boardroom just five months after stepping up.
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Public Affairs
Ethio 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.