All Africa articles – Page 9
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Financial & PerformanceVodacom parries ‘big knocks’ as it battles for growth
Vodacom CEO Joosub focuses on the big picture and promises digital services-driven future growth as macroeconomic headwinds take the gloss off the Group’s FY23-24 performance, and low earnings hit the dividend.
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Financial & PerformanceSafaricom dials down Ethiopia spending plan as loss drags Group profits
FY23–24: Safaricom slashes five-year investment target for Ethiopia, commits to tightened spend to weather challenging macro environment, but remains positive on progress and outlook.
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Strategy & ChangeAmerican Tower eyes US expansion of Power as a Service in efficiencies pursuit amidst M&A hiatus
ATC looks to ship high ROI ‘Power as a Service’ learnings to US market, having proven benefits in Africa, and to transfer US automation credentials to other geographies. Hunt for global efficiencies may also lead to monetisation of sub-scale assets, with focus on operational excellence meaning “nothing compelling” to buy, for now…
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Public AffairsEnforced M-PESA spinout delayed by Safaricom $575bn tax exposure
Tax complication delaying spinout of transformational and potentially highly valued African mobile-money pioneer; Central Bank Governor keen to make faster progress on resolution, amidst desire to navigate its local dominance. Read more…
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Analyst BriefingVodafonewatch Weekly: Germany goes into cost-cutting mode, while shareholder Xavier Niel grumbles about Group strategy
Lots of action in Germany this week as Vodafone announced 2,000 job cuts and new efficiency programme and fibre altnets argued the practical and competitive hurdles holding back gigabit broadband deployments. Read the full briefing…
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Financial & PerformanceHelios swaps land-grab for lease-grab in strategy refresh
Middle East and Africa tower group makes a change-up of headline KPIs after shifting away from M&A-based expansion of tower footprint.
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Financial & PerformanceIHS Towers hires advisers to assess ‘strategic alternatives’
Tower group’s annual results this week sees chief executive highlight initiation of a strategic review of its business, amid share price slump.
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Financial & PerformanceVodacom charges past 200 million customer mark
South African group posts positive Q3 numbers, headlined by customer base milestone.
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Financial & PerformanceSafaricom Ethiopia is yet to get M-PESA up to speed in race with Ethio Telecom
Safaricom Telecommunications Ethiopia hails “great momentum” for M-PESA but its flagship m-money offering remains dwarfed and outpaced by rival Ethio Telecom’s Telebirr, following the latter’s headstart.
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Strategy & ChangeGhana rebrand hits Vodafone’s African presence (and Partner Markets stipend)
As Partner Markets parent sees branding revenue drop, Vodafone Ghana reveals impending rebrand one year after acquisition by Telecel. Read on to find out more…
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Analyst BriefingVodafonewatch Weekly: Della Valle kickstarts transformation agenda with deals, restructuring
Latest around Vodafone and its ecosystem, including: Vodafone’s Microsoft megadeal; Safaricom’s newest unicorn-scouting initiative; ‘aggressive’ Auto plans; plus Vantage Towers, EU maneuvers, India, North Africa, and New Year exec changes…
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Partnerships & AlliancesVodafone signs ‘bold’ Microsoft deal to further AI, cloud, CX, IoT priorities
Wide-ranging collaboration includes $1.5bn Vodafone investment in co-developed solutions; AI adoption at scale; and embrace of Azure ecosystem. Get the full insight…
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Public AffairsRumours linking Safaricom’s M-PESA outage to Kenyan tax agency denied
Kenya Revenue Authority accused of being responsible for M-PESA service disruptions, but labels rumours as “fake news”. Find out more about the allegations and the impact of disruptions…
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PremiumElsewhere in Africa: Orange pulls away from Ethio Telecom transaction
Orange pulls away from Ethio Telecom transaction.
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M&ASaudi’s stc continues international push with CMC Networks buy
Expansive center3 adds 110 points of presence to its footprint, with a focus on Africa.
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Strategy & ChangeSafaricom fosters digital, engineering talent in youth employment drive
Safaricom develops ‘engineering talent pipeline’ to equip itself and wider Kenyan technology ecosystem with talent in digital and engineering spheres. Read more…
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Strategy & ChangeAmerican Tower assures Nigerian site swap plan is solid
CEO-in-waiting of wireless infra giant asserts deliverability of recent, high profile contract win with MTN Nigeria, despite veiled scepticism from rival IHS.
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Strategy & ChangeIHS reviews tower estate; could jettison non-core assets
Tower group going through process of re-evaluating its international portfolio, as part of move to a more ‘balanced’ strategy between growth and cash generation.
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Network & InfraSafaricom rallies Nokia in fight against energy costs
Kenyan operator to deploy Nokia AVA tech to monitor networks, run at lower power when possible.