Africa & Middle East – Page 14
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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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Network & InfrastructureThe Backfill: Macquarie ploughs millions into data centre growth
Macquarie Technology launches new placement, aiming to capitalise on AI and cloud “megatrends” and finance data centre growth.
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PremiumVodafone people moves: Safaricom reveals new networks chief
Safaricom welcomes back Anthony Gacanja and names him Networks Director.
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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 Spend: OpCos shuffled as gap at the top narrows
Vodacom and Vodafone UK see capital allocation uptick as German frontrunner drops off pace.
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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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PremiumVodafone Peoplewatch: new CCO named in Italy exec rejig
May 2023 update: Vodafone Italy reveals executive team changes with Lorenzo Forina set to become CCO.
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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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Financial & PerformanceVodafone FY22–23: Della Valle to bring Group “back to basics” with business-first approach
New CEO wants Group turnaround to build on existing strengths in B2B while fixing customer experience declines.
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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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PremiumVodafone Peoplewatch: new OpCo CEO amid changes in Europe
April 2023 update: Series of changes include new Albania CEO and senior swaps in Greece and Hungary.