Nowadays, every corner of the world exhibits competition between its telecom giants, and the Africa Telecoms industry is no different. However, in the Middle East and Africa (MEA) regions, it is not a competition as much as it is exposure and representation of the community on the global stage. Orange Egypt, MTN, and Safaricom are […]
Safaricom
The slow process of releasing Ethiopia’s telecom market has finally reached an end with the licensing of East Africa’s Safaricom-led Global Partnership for Ethiopia’s consortium, granting the company a seat at the table to empower the government’s telecom services. Ethiopia is one of the last two countries in Africa to augment its national telco services […]
Ethiopia will allow the Safaricom-led consortium to offer mobile money services throughout the country, signaling the end of Ethio Telecom’s monopoly over the service, local media reported late last week. This step follows the government’s announcement earlier last week of re-opening bidding on second operator license including the right to operate mobile financial services. Previously, any new entrant was barred from offering any mobile money based […]
M-Pesa money services are now entirely owned by Safaricom and Vodacom’s joint venture, after a deal was made with Vodaphone, the mother company of Vodacom. The companies, retain a 50/50 split on shares and have acquisitioned all support services, product development, as well as future decisions and strategy. M-Pesa – ‘M’ standing for Mobile and […]
In the midst of the coronavirus outbreak, Kenya’s telco Safaricom proposes a solution that could potentially decrease the rapid spread of the virus. The measures adopted by Safaricom are fairly simple. For the next 90 days, Safaricom will waiver transaction fees, as well as increase the daily limit for transactions. In the coming three months, […]