All Egypt articles
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Weekly Briefings
Infrawatch Weekly: end of the road for Digital 9, OneWeb’s space odyssey troubles continue
Digital 9 decides to wind down; OneWeb misses ‘global’ coverage targets; CityFibre aiming to get more active on M&A; more…
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Partnerships & Alliances
Accenture stakes €150m in Vodafone’s commercialised shared services future
Vodafone extends Accenture ties to tee up commercialisation of _VOIS, with the vendor taking an equity stake along with providing talent and automation support.
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Strategy & Change
Vodafone UK to ship customer care overseas
Portion of customer care operations set to be transferred to _VOIS Egypt and contact support specialist Webhelp in South Africa.
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Premium
Elsewhere in Africa: Ethiopian market braces for third entrant
Ethiopian market braces for third entrant.
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Premium
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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Premium
Elsewhere in Africa: New M PESA Rallonge overdraft service introduced in DRC
New M‑PESA Rallonge overdraft service introduced in DRC, but Safaricom accused of providing illegal OD facility in Kenya.
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Premium
Government seeks to offload 10% stake in Telecom Egypt
Egyptian state reportedly planning to offload 10% stake in Telecom Egypt amid intense macroeconomic pressures.
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M&A
Vodacom ‘completes’ Egypt deal as Etisalat ‘studies offer’ for SA group
Reports indicate that Vodafone Egypt transaction took place last Thursday.
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Partnerships & Alliances
_VOIS backs Egypt’s ambition to be outsourcing hub
Vodafone’s shared services unit signs five-year cooperation agreement with Egyptian agency to provide “joint incentive programmes” for job creation.
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Premium
Vodafone Q2 FY22-23 Headlines: macro and micro trends bite into profit
Revenue picture mixed, with strength in UK, Ireland, and Portugal but ongoing weakness in Germany, Italy, and Spain.
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Strategy & Change
Vodacom plans SuperApp rollout as it closes in on Vodafone Egypt acquisition
“Progress made” in movement towards regulatory approval for Vodafone Egypt acquisition.
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Premium
Vodafone Egypt: Fixed-line expansion talks back on
Saga of VfEg’s plans to gain larger wireline platform continues to drag on.
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Venturing & Investments
Qatar Investment Authority ‘vies for stake in Vodafone Egypt’
Acquisition of 20% share could be agreed by the end of 2022, reports suggest.
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M&A
Vodacom edges closer to Vodafone Egypt buyout
Local reports claim Vodafone has obtained regulatory approval.
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Premium
Elsewhere in Vodafone Africa: corruption in Lesotho?
Allegations of corruption in Lesotho said to be hampering 5G deployment; Vodacom appeals Please Call Me High Court ruling.
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M&A
Vodacom moves closer to Vodafone Egypt takeover
Vodacom gets shareholder backing for acquisition of 51% stake. Regulatory approval is still required.
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Premium
Elsewhere in Vodafone Associates & JVs: Egypt reducing dirty diesel
Regulatory decision on TPG’s FTTB expansion plan nears; Egypt takes hybrid to reduce dirty diesel.
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M&A
Vodacom expands into Egypt with Vodafone stake switch
Vodafone to increase its stake in Vodacom to more than 65% following the transaction. Internal deal follows STC’s failed mission to buy Vodafone Egypt during 2020.
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M&A
Vodacom aims for 100m fintech users on road to sale
CEO Shameel Joosub sets sights on nine-figure base to win better bargaining position with potential buyers and partners. Vodacom taking control of fintech offerings in Ghana and Egypt, to fuel expansion.