Kenya news – Page 9
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Venturing & InvestmentsAfrican energy startup borrows $100m for scale-out plan
Safaricom partner Circle Gas secures nine-figure loan to drive expansion in African (and potentially Asian) markets. Targets include Nigeria and neighbouring markets of Kenya and Tanzania, where startup is already present. Capital needed for investment-heavy distribution platform.
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Public AffairsSafaricom split proposal all but quashed
Overwhelming majority of MPs choose not to engage in debate over Kenyan operator’s future structure. Controversial proposal does little to revive ghosts of the past.
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Strategy & ChangeSafaricom looks closer to Ethiopian fintech expansion
Newly established Ethiopian OpCo reportedly given green-light to offer fintech service by market regulator. But incumbent rival already gifted year-long head start in m-money services realm.
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Strategy & ChangeElsewhere in Vodafone Africa: Safaricom’s tax hike response
Safaricom responds to excise tax hike; M-PESA management rejig reaches Lesotho; change at top of Xlink.
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PremiumVodafone people moves: Pasquali steps into Italy’s Consumer leadership
With Duilio leaving for Sky Italia, Pasquali is lined up to become Director of Vodafone Italy’s Consumer Business Unit. In Albania’s Consumer division, Kir takes the helm. Safaricom makes two changes to its senior leadership team: Kamunyu and Senanu to lead Channels and Enterprise respectively.
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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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Products & ServicesSafaricom, Vodacom launch m-money Super Apps
Safaricom’s m-payment and remittance service leaps into the digital services realm with an experience-focused facelift. “Super App”- tag attached to revamped M-PESA, with new functionality showing resemblances with Vodacom–Alipay’s ‘app-within-an-app’ concept. Vodacom’s Super App now onboarding partners.
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Strategy & ChangeElsewhere in Vodafone Africa: Vodacom debuts new products
Safaricom rival Ethio making hay in m-money; Vodacom debuts new products in youth market and SMME lending; Aziz back on radar in Tanzania.
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PremiumVodafone people moves: Czechs ring the changes
Brazdilova takes Commercial top-spot at Vodafone Czech Republic, with Rutherford out and Hoerová back. Transformation Director Girault heads for the door amid broader Group Technology reshuffles. Turkey’s Aksoy names his team with Enterprise and Marketing appointments.
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Suppliers & SCMEricsson targets African gains on back of Vodafone reorg
Swedish vendor has been punching below weight within Vodafone’s African operations. Tech 2025 organisational changes and geopolitical flux could create openings to grow regional account.
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Strategy & ChangeVodacom to unify network and IT functions
Push for efficiencies encompassing rework of network and IT platforms, alongside major skills and capability upgrade. Following 2020 reorg, CEO Joosub concentrating heavily on extracting value and savings out of Group assets and operations. Programme likely to see cloud-based overhaul of Vodacom IT stacks and network functions.
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People
Fresh faces bedded in at Joosub’s Vodacom ExecCo
Vodacom Executive Committee confirmed with five newcomers. Vodacom South Africa joins Safaricom with a seat at the table, while other African OpCos grouped under International Business.
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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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PremiumRejigged tie-up could find Vodafone Egypt a home
Vodafone secures route to in-Group transfer of Egypt stake in quid pro quo deal with local partner. Kenya-esque Vodacom hand-off of Egyptian interest one possibility.
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Products & ServicesSafaricom unveils in-house VOD platform
Kenyan operator launches Baze to support local creative industry. “One-shop entertainment platform” seen as successor to recently dissolved Songa by Safaricom.
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PremiumElsewhere in Africa: Vodacom pairs with Microsoft
Vodacom pairs with Microsoft for Mozambique SMEs; Safaricom adds digital menus to M-PESA ecosystem.
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PremiumQ4 FY20–21: Vodacom turns to M&A to turbo-charge change
Fibre expansion back on as Vodacom steps up diversification plans. Operator negotiating potential strategic partnerships across infrastructure assets, as it develops own take on Vodafone’s leaner and lighter TechCo vision. South African group-within-a-group being offered greater freedom by Vodafone than increasingly tightly-controlled businesses in Europe. One question, as it ...
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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 ...
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PremiumSafaricom upgrades order management software
Longstanding partner Celfocus said it has implemented a ‘master orchestrator’ to improve order processing.