All Safaricom articles – Page 6
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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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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
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
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
Elsewhere in Africa: Authorities break up battery theft crime ring
Authorities break up battery theft crime ring.
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Venturing & Investments
Safaricom plans new venturing vehicles for startup, scaleup investments
Kenyan operator proposes to launch new Venture Co. vehicle for scaleup investments and re-launch Spark Fund for early-stage startups.
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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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Partnerships & Alliances
Safaricom builds Kenyan smartphone factory in budget device drive
Operator joins Chinese manufacturer and Kenyan ISP Jamii to co-create cut-price smartphones.
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Premium
Vodafone people moves: Safaricom reveals new networks chief
Safaricom welcomes back Anthony Gacanja and names him Networks Director.
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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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Vodafone FY22–23: Egypt central to Vodacom’s next phase
CEO Shameel Joosub talks up gains from Egyptian acquisition as Vodacom sets sights on growth.
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Elsewhere in Africa: Ethiopia prepares to invite third operator to market
Ethiopia prepares to invite third operator to market.
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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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Elsewhere in Africa: New M PESA Rallonge overdraft service introduced in DRC
New M‑PESA Rallonge overdraft service introduced in DRC, but Safaricom accused of providing illegal OD facility in Kenya.
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Premium
Vodafone people moves: Vodafone Business selects new International & EU-Cluster Director
Fánan Henriques pivots from role as Director of Strategy & Transformation to become International & EU Cluster Director at Vodafone Business.
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Premium
Shared services hub to enable new market expansion in ‘One Africa, One M-PESA’ drive
Safaricom- and Vodacom-backed m-money venture launches new operations centre for centralised continental oversight.