Africa – Page 7
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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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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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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.
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Partnerships & Alliances
Vodacom 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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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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Vodafone 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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Vodafone FY22–23 Headlines: growth “possible”, but returns prove costly
Vodafone’s revenue creeps up but not without challenge.
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Vodafone 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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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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Elsewhere in Africa: Ethiopia prepares to invite third operator to market
Ethiopia prepares to invite third operator to market.
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Financial & Performance
Vodafone 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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Vodacom 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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Safaricom granted licence for Ethiopian M-PESA launch
Ethiopian national bank hands Safaricom Telecommunications Ethiopia its mobile money licence, breaking state monopoly.