Africa – Page 7
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Network & Infrastructure
Safaricom CEO calls on government to bolster fibre protection
Peter Ndegwa calls on Ruto administration to list fibre cable assets as critical infrastructure.
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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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Network & Infrastructure
Vodacom connects 2Africa in latest subsea expansion
Vodacom sets Mozambique landing station live as 2Africa progress continues.
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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
Vodacom’s fibre plans knocked back by SA antitrust findings
South Africa’s Competition Commission recommends against regulatory approval, but Vodacom assures investors that the altnet consolidation plans are not finished.
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Vodafone Peoplewatch: Vantage recalibrates board, elects new Chair
July 2023 update: Vantage Towers downsizes Supervisory Board, with Pierre Klotz replacing Rüdiger Grube as Chairman.
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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
Q1 FY23–24: Vodafone’s turnaround trudges on as Della Valle heralds ‘first steps’
CEO Margherita Della Valle claims early efforts are starting to bear fruit as the Group posts revenue growth.
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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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Vodafone Q1 FY23-24 Headlines: Europe battles on despite stumbles at the top
European markets battle on but Germany, Italy, and Spain still faltering.
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Network & Infrastructure
Vodacom pledges more cash for network and backup power expansion
Vodacom investing in network and power backup upgrades in South Africa’s Eastern Cape.
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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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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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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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Premium
Vodacom names partner for merchant network expansion
Network International provides managed payment services for Vodacom Financial and Digital Lifestyle Services.
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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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Operations
Progress 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.