M-PESA Africa

Safaricom Ethiopia CEO Wim Vanhelleputte (left) and M-PESA Ethiopia CEO Elsa Muzzolini at the centre of the telco’s high-stakes push to turn scale into profits in Africa’s most ambitious mobile money frontier.

Sitoyo Lopokoiyit to Quit as M-PESA Africa CEO; Ethiopia Monetisation Concerns Loom

Sitoyo Lopokoiyit, one of Africa’s most influential fintech leaders and the architect of M-PESA’s continental expansion strategy, is set to step down as Chief Executive Officer of M-PESA Africa on 31 March
Sitoyo Lopokoiyit will step down as CEO of M-PESA Africa on 31 March 2026, closing a transformative chapter that saw the platform expand across eight African markets and evolve into a fully integrated fintech ecosystem.

Absa Group Appoints M-PESA Africa CEO Sitoyo Lopokoiyit as Head of Personal and Private Banking

Absa Group has confirmed the appointment of M-PESA Africa chief executive Sitoyo Lopokoiyit as the new head of its Personal and Private Banking division, marking a significant leadership move as the South
Dilip Pal, Safaricom’s CFO, is a seasoned finance leader whose calm, disciplined approach to strategy and execution reflects decades of experience guiding complex organisations across Africa and Asia.
Dilip Pal, Safaricom’s CFO, is a seasoned finance leader whose calm, disciplined approach to strategy and execution reflects decades of experience guiding complex organisations across Africa and Asia.

What Hunting Lions of Kenya’s Maasai Mara Taught Dilip Pal, Safaricom’s CFO, About Strategy & Execution

On a recent visit to Kenya’s Maasai Mara, Dilip Pal was not in a boardroom, a strategy offsite, or a finance review. He was watching lions. What unfolded before him, four male
February 10, 2026
MTN CEO Sylvia Mulinge, MTN Mobile Money Managing Director Richard Yego, and M-PESA Africa Managing Director Sitoyo Lopokoiyit. The three agree that now that Africa has already proven it can leapfrog barriers, the next frontier is to ensure that the systems it builds are safe, transparent, and human-centered.
MTN CEO Sylvia Mulinge, MTN Mobile Money Managing Director Richard Yego, and M-PESA Africa Managing Director Sitoyo Lopokoiyit. The three agree that now that Africa has already proven it can leapfrog barriers, the next frontier is to ensure that the systems it builds are safe, transparent, and human-centered.

Africa’s Fintech Future: Sylvia Mulinge, Sitoyo Lopokoiyit & Richard Yego on Building Africa’s Trust Economy

A decade ago, Africa’s fintech revolution began as a response to one of the continent’s most persistent challenges: access to finance. In 2011, only 23% of people in sub-Saharan Africa had access
October 30, 2025
M-PESA Africa Managing Director Sitoyo Lopokoiyit speaks at the 2025 Fintechs Annual Gathering in Kampala, urging Africa to shape its own digital destiny through innovation, youth empowerment, and regional collaboration.
M-PESA Africa Managing Director Sitoyo Lopokoiyit speaks at the 2025 Fintechs Annual Gathering in Kampala, urging Africa to shape its own digital destiny through innovation, youth empowerment, and regional collaboration.

Building Africa’s Fintect Sovereignty: What we Learn from M-PESA’s Ambitious Vision and the Risk of a Possible New Wave of Digital Colonialism

At the 2025 Fintechs Annual Gathering in Kampala, Sitoyo Lopokoiyit, the M-PESA Africa managing director, delivered one of the event’s most compelling keynotes, part warning, part vision, and wholly inspiring. From personal
October 24, 2025

 

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