All Safaricom articles – Page 3
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Financial & Performance
Egypt in the spotlight as Vodacom revenues rocket
H1 FY23–24: Vodafone Egypt consolidation sees Vodacom revenue rise by more than 40%, with data customer and financial services growth playing a part.
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Strategy & Change
Safaricom’s Mutiga: expect rapid device factory acceleration, regional expansion
CBSO speaks to TelcoTitans about the operator’s homegrown smartphone factory venture, saying it will hit capacity within a year, then expand product portfolio and market reach. Read more, incl. key driver not revenue, services tie-in…
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Financial & Performance
Safaricom 2030 strategy: build on Kenya, pursue Ethiopia, leverage data
Jovial CEO boasts strong start to Ethiopian endeavour in upbeat H1 earnings conference; teases upcoming 2026–2030 strategic cycle. Read more from our in-depth coverage…
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Venturing & Investments
Safaricom adds Spark startup accelerator to venturing strategy
Kenyan operator builds on Sumitomo ties to underpin renewed startup ambitions, with usual M-PESA tie-in front and centre.
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Premium
Vodafone Peoplewatch: former execs take to the boardroom
October 2023 update: vast array of alumni moves, including board appointments for Hannes Ametsreiter, Vittorio Colao, and Michel Combes.
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Financial & Performance
Vodafone’s international federation reports another year of decline
Partner Markets revenue drops for third year running, with management this time blaming the conflict in Ukraine.
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Premium
Vodafone Peoplewatch: Spanish shuffle underway as Chairman steps away
September 2023 update: Spain President António Coimbra will not renew his mandate, and will be replaced by the operator’s CEO, Mário Vaz.
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Financial & Performance
Safaricom issues green financing to fuel ESG investments
Sustainability-linked loan facility set to “unlock” Kenyan operator’s investment diversification plans.
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Partnerships & Alliances
Safaricom kicks off AI ‘revolution’ with footballing tie up
Operator links up with Catapult and IMG to showcase AI capability for Kenyan grassroots sports.
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Premium
Vodafone Peoplewatch: Safaricom calls in reinforcements after Chair exit
August 2023 update: Michael Joseph leaves Safaricom’s Board in Kenya, with Dr John Mosonik and Murielle Lorilloux joining as Non‑Executive Directors.
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Premium
Elsewhere in Africa: Ethiopia prepares for third operator
Ethiopia prepares for third operator.
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Financial & Performance
Circle Gas turnover soars but expansive ambitions yet to materialise
Safaricom-backed clean cooking scaleup quadruples turnover against previous financial year but reports net loss. Now with refreshed leadership, finance, and international expansion ambitions…
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Network & Infrastructure
The Backfill: Newmark launches new data centre investment platform
Real estate advisory group launches new data centre investment platform. GoFibre and Lightning Fibre set for UK fibre network expansion.
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Network & Infrastructure
Safaricom CEO calls on government to bolster fibre protection
Peter Ndegwa calls on Ruto administration to list fibre cable assets as critical infrastructure.
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Products & Services
Safaricom launches M-PESA in Ethiopia, aims to mirror Kenyan success
Safaricom Ethiopia sets m-money platform live after three-month trial and Hibret Bank partnership.
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Public Affairs
State of emergency provokes Safaricom Ethiopia network shutdown
Operator shuts down sites in Ethiopia’s second most populous region, Amhara, after conflict breaks out between military and Fano militia.
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M&A
e& weighs 20% Vodafone stake, but keeps investment options open
e& testing the waters with regulatory and competition authorities in multiple countries on raised stake, with “no red flags” raised yet.
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Financial & Performance
Vodacom boosts revenue as Egypt proves its worth
Group’s Q1 results showcase strength of Vodafone Egypt addition, but revenue growth recorded with or without the North African OpCo.
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Partnerships & Alliances
Safaricom commits to Ethiopia’s digital transformation agenda
STE, JICA, and Sumitomo add signature to collaboration agreement as state seeks to further Digital Ethiopia 2025 strategy.