Africa & Middle East – Page 11
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PremiumVodacom names partner for merchant network expansion
Network International provides managed payment services for Vodacom Financial and Digital Lifestyle Services.
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Partnerships & AlliancesSafaricom 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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OperationsProgress made, but long road ahead for Vodacom on emissions reduction
Group reports 17.3% downturn in total Scope 1 & 2 emissions when compared to previous FY.
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Network & InfrastructureIFC backs SEACOM for sub-Saharan broadband boost
IFC funds subsea cable operator SEACOM to improve broadband services in seven African nations.
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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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Partnerships & AlliancesVodacom forges partnerships, bundles services in DRC mining boom
Vodacom Business targets further services expansion for DRC mining customers, building on existing partnerships.
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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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PremiumVodafone 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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PremiumVodafone FY22–23 Headlines: growth “possible”, but returns prove costly
Vodafone’s revenue creeps up but not without challenge.
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Network & InfrastructureThe Backfill: Ares injects toob with up to £300m to fund fibre build
Ares Management provides debt financing to toob as it continues expansion of its UK full-fibre network.
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Strategy & ChangeTowerXchange Europe: TOTEM CEO outlines need for change to meet “endless” capacity demand
Nicolas Roy says industry needs to do its own homework and implement digital processes. “Tight link” between TowerCos and MNOs underpinned by offer of more specific site solutions.
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Network & Infrastructure“Disastrous” load shedding threatens to constrict Vodacom network ambitions
Vodacom management laments load shedding policy as investment reallocated to fund backup energy solutions.
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PremiumElsewhere in Africa: Ethiopia prepares to invite third operator to market
Ethiopia prepares to invite third operator to market.
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PremiumVodacom seeks pan-African play for emerging fibre biz
Vodacom CEO Shameel Joosub is looking to build the Group’s fibre assets beyond South Africa once CIVH deal is closed.
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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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PremiumElsewhere 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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PremiumDubai’s Raxio lands funds to fuel seven-market African data centre expansion
Dubai-headquartered data centre player secures debt facility to boost pan-African construction effort.
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PeopleLatest Orange people moves: Laurent Martinez named new finance chief
Laurent Martinez to serve as Executive Director of Finance, Performance & Development from September.
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PremiumVodacom to spend billions of rand on IPP energy
Vodacom close to purchasing energy from IPPs; deal set to complete in the “coming days”.