All British International Investment (BII) articles
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Financial & PerformanceBII lauds digital infra investment impact in tough economic climate
BII CEO Nick O’Donohoe sees private sector funding as critical to delivering long-term, sustainable solutions that grants alone cannot provide.
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PeopleInfra investor people moves: KKR swaps EMEA chair
KKR brings in Johannes Huth as new Chairman of EMEA.
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PremiumUK government cements Infrastructure Bank bill in law
UK Infrastructure Bank commits to further infra investment, as new bill solidifying its objectives is granted Royal Assent.
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PremiumWorldLink bags funding to expand Nepal coverage
Nepalese ISP WorldLink to leverage financing from British International Investment and Dolma Fund Management to expand coverage.
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PremiumSafaricom, Vodacom drop more cash into Ethiopian kitty
Share issue by parent vehicle opens up more funds for Safaricom Telecommunications Ethiopia’s startup rollout
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PeopleInfra people moves: euNetworks switches up Board of Directors
euNetworks appoints Paula Cogan as new CEO after leadership shuffle.
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Partnerships & AlliancesM-KOPA lands debt finance from IFC
Safaricom energy financing partner secures $50m loan to pursue expansion in Kenya.
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Strategy & ChangeCEO: Safaricom to keep Ethiopia control as IFC lines up stake
Peter Ndegwa tells local media that Safaricom will remain a majority owner of new Ethiopian venture despite pending capital injection by International Finance Corporation.
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OperationsM-PESA set for Ethiopian expansion
Move finally set to go ahead after significant delays.
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PremiumElsewhere in Vodafone Africa: BII commits $76m (£67m/€76m) to African Infrastructure Fund
Vodacom fibre customers suffer third‑party data breach; Vodacom broadens burgeoning financial services portfolio with new short‑term loan offering.
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OperationsSafaricom’s long-awaited Ethiopian network begins pilot
Dire Dawa test-run represents “important milestone”.
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Network & InfrastructureSafaricom Ethiopia ready to launch network in August
Phased rollout planned for 25 cities by April 2023.
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Network & InfrastructureVodacom seeks strategic partners for ‘Africa FibreCo’
SA group’s infra overhaul continues with plan for regional wireline play.
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Venturing & InvestmentsUK’s rebranded BII embarks on new impact investing
British International Investment (BII) embraces broader digital strategy.
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Public AffairsUK government defends Ethiopian mobile investment
Vodafone and CDC investment in Ethiopian mobile operator crops up in parliamentary debate on Tigray humanitarian crisis. Investment deemed to be “right” and long term. CDC emphasises role as impact investor with a lot of patience. Vodacom agrees to fund Safaricom Telecommunications Ethiopia.
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Public AffairsVodafone pursues UK government over lost contract
Vodafone loses Foreign Office contract to Fujitsu, claims process breached procurement rules. Preliminary issue trial set for January 2022.
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Strategy & ChangeNew Ethiopian OpCo sticks with Safaricom marque
New business formally named. ECA grants operator full operating licence, effective from 9 July. Ethiopia seen as early target for Vodafone’s satellite venture with AST.
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PeopleVodafone’s Ethiopian OpCo gets a leader
Anwar Soussa takes job as first MD of as-yet-unnamed OpCo. Industry veteran brings M-PESA experience. EOC plans and ownership remain vague.
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Strategy & Change
Ethiopia: Kenyan president gets behind Safaricom entry
President Kenyatta urges Ethiopia to open up m-money market. Safaricom reveals planned ownership structure of future Opco, with Vodafone set to play a very limited role.
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Network & InfrastructureEthiopia tender win: gov talks up Vodafone’s ‘quality’
Safaricom-led consortium emerges as sole new entrant in damp squib of an auction. Group’s rare move into new market muddied by competitors’ apparent wariness regarding risks in Ethiopia. Only two bidders emerge for new licences. Fears of incumbent’s political heft added to suitors’ macro uncertainties. Plan for an Ethio ...