Africa – Page 7
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Vodafone FY22–23 Headlines: growth “possible”, but returns prove costly
Vodafone’s revenue creeps up but not without challenge.
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Vodafone Peoplewatch: new CCO named in Italy exec rejig
May 2023 update: Vodafone Italy reveals executive team changes with Lorenzo Forina set to become CCO.
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Network & Infrastructure
“Disastrous” load shedding threatens to constrict Vodacom network ambitions
Vodacom management laments load shedding policy as investment reallocated to fund backup energy solutions.
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Elsewhere in Africa: Ethiopia prepares to invite third operator to market
Ethiopia prepares to invite third operator to market.
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Financial & Performance
Vodafone FY22–23: Della Valle to bring Group “back to basics” with business-first approach
New CEO wants Group turnaround to build on existing strengths in B2B while fixing customer experience declines.
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Vodacom seeks pan-African play for emerging fibre biz
Vodacom CEO Shameel Joosub is looking to build the Group’s fibre assets beyond South Africa once CIVH deal is closed.
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Safaricom granted licence for Ethiopian M-PESA launch
Ethiopian national bank hands Safaricom Telecommunications Ethiopia its mobile money licence, breaking state monopoly.
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Vodafone Peoplewatch: new OpCo CEO amid changes in Europe
April 2023 update: Series of changes include new Albania CEO and senior swaps in Greece and Hungary.
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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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Vodacom to spend billions of rand on IPP energy
Vodacom close to purchasing energy from IPPs; deal set to complete in the “coming days”.
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Vodafone people moves: Vodafone Business selects new International & EU-Cluster Director
Fánan Henriques pivots from role as Director of Strategy & Transformation to become International & EU Cluster Director at Vodafone Business.
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Shared services hub to enable new market expansion in ‘One Africa, One M-PESA’ drive
Safaricom- and Vodacom-backed m-money venture launches new operations centre for centralised continental oversight.
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Safaricom hit with boycott as Kenya protests roll on
Opposition leader names operator among “enemies of the people” enabling President Ruto’s “brutal regime”.
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Safaricom maps out drone collab progress with Astral Aerial
Drone provider Astral Aerial provides update on Safaricom partnership at the launch of the operator’s 5G Experience Centre in Nairobi.
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Elsewhere in Vodafone Africa: Ooredoo wary of Vodacom M&A buzz
Ooredoo wary of Vodacom M&A buzz.
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Vodacom cuts off police force for unpaid bills
Operator runs out of patience with South Africa Police Service.
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Vodafone people moves: Safaricom Board shuffles once again
Karen Kandie and Ory Okolloh announced as new board members, replacing Stanley Kamau and Bitange Ndemo, respectively.
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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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Vodafone Spain preps network sell‑off
Bankers appointed to handle bids for OpCo’s fixed assets, as investors weigh options on infrastructure bets against a backdrop of limited funding availability.
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‘Final touches’ being added to M-PESA before Ethiopia launch
M-money platform could be rolled out in African nation within upcoming financial year.