Africa – Page 6
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Financial & Performance‘We are changing’: Vodafone CEO Della Valle assures more improvement is coming in largest markets
H1 FY23–24: Vodafone reports a “solid start” to fiscal year as Margherita Della Valle sets about transformation effort, pitching new era of right-sized operations to restore operator to growth.
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Financial & PerformanceEgypt in the spotlight as Vodacom revenues rocket
H1 FY23–24: Vodafone Egypt consolidation sees Vodacom revenue rise by more than 40%, with data customer and financial services growth playing a part.
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Financial & PerformanceVodacom adamant: no exits from DRC or Mozambique, unless market goes ‘wrong’
H1 FY23–24: CEO reiterates faith in ‘International’ OpCos, despite macro headwinds and pricing challenges — only “wrong” market structure would compel exits — as Egypt acquisition majorly rebalances business
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Strategy & ChangeSafaricom’s Mutiga: expect rapid device factory acceleration, regional expansion
CBSO speaks to TelcoTitans about the operator’s homegrown smartphone factory venture, saying it will hit capacity within a year, then expand product portfolio and market reach. Read more, incl. key driver not revenue, services tie-in…
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Financial & PerformanceSafaricom 2030 strategy: build on Kenya, pursue Ethiopia, leverage data
Jovial CEO boasts strong start to Ethiopian endeavour in upbeat H1 earnings conference; teases upcoming 2026–2030 strategic cycle. Read more from our in-depth coverage…
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Venturing & InvestmentsSafaricom adds Spark startup accelerator to venturing strategy
Kenyan operator builds on Sumitomo ties to underpin renewed startup ambitions, with usual M-PESA tie-in front and centre.
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Network & InfrastructureVodacom DRC gets experimental with 5G, but 4G still top priority
Operator trials 5G services under the supervision of industry regulator, but questions remain over licensing criteria.
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PremiumVodafone Peoplewatch: former execs take to the boardroom
October 2023 update: vast array of alumni moves, including board appointments for Hannes Ametsreiter, Vittorio Colao, and Michel Combes.
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Financial & PerformanceVodafone’s international federation reports another year of decline
Partner Markets revenue drops for third year running, with management this time blaming the conflict in Ukraine.
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PremiumVodafone Peoplewatch: Spanish shuffle underway as Chairman steps away
September 2023 update: Spain President António Coimbra will not renew his mandate, and will be replaced by the operator’s CEO, Mário Vaz.
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Network & InfrastructureVodafone signs Amazon satellite deal, puts fintech on the radar
Operators adding to satellite connectivity plans with Project Kuiper tie-up expected to see 2024 early services launch.
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Financial & PerformanceSafaricom issues green financing to fuel ESG investments
Sustainability-linked loan facility set to “unlock” Kenyan operator’s investment diversification plans.
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Partnerships & AlliancesVodacom declares war on load shedding with virtual wheeling agreement
Vodacom seals virtual wheeling agreement with South African power provider Eskom.
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Network & InfrastructureVodacom brands new TowerCo business as Mast
Vodacom sticks with simplicity in branding its new South African tower spinoff.
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Partnerships & AlliancesSafaricom kicks off AI ‘revolution’ with footballing tie up
Operator links up with Catapult and IMG to showcase AI capability for Kenyan grassroots sports.
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PremiumVodafone Peoplewatch: Safaricom calls in reinforcements after Chair exit
August 2023 update: Michael Joseph leaves Safaricom’s Board in Kenya, with Dr John Mosonik and Murielle Lorilloux joining as Non‑Executive Directors.
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PremiumElsewhere in Africa: Ethiopia prepares for third operator
Ethiopia prepares for third operator.
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M&AMTN CEO: consolidation “inevitable” for South Africa despite Vodacom’s fibre challenge
Ralph Mupita expressed his surprise that Vodacom’s fibre consolidation proposal is facing regulatory blocks, but reiterated pro-consolidation stance.
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Financial & PerformanceCircle Gas turnover soars but expansive ambitions yet to materialise
Safaricom-backed clean cooking scaleup quadruples turnover against previous financial year but reports net loss. Now with refreshed leadership, finance, and international expansion ambitions…