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March 12, 2026
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    Vodacom

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

    Muhereza KyamuteteraBanking & Financial ServicesCompany NewsFebruary 11, 2026February 11, 2026

    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…

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

    Paul MurungiBanking & Financial ServicesThe Big StoryFebruary 11, 2026February 11, 2026

    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…

    Vodacom Tanzania’s first-half 2025/26 results show a business investing through earnings, not slowing down. While headline profit dipped slightly due to accelerated network investment, underlying performance tells a stronger story—double-digit revenue growth, positive free cash flow, and surging digital and M-Pesa revenues. The numbers point to a company trading short-term optics for long-term competitive advantage.

    Vodacom Tanzania’s Philip Besiimire’s Three-Year Scorecard: Growth, Discipline, and Dividends

    CEO East Africa MagazineThe Big StoryDecember 17, 2025December 17, 2025

    Vodacom Tanzania has reported strong operational and financial momentum in the first half of 2025/26, underpinned by double-digit revenue growth, expanding cash flows, and accelerating performance in its core digital…

    Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 245 Billion (UGX 6.6 Trillion) Deal

    Paul MurungiCompany NewsEast AfricaThe Big StoryDecember 4, 2025December 4, 2025

    Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 241 billion (UGX 6.5 Trillion Deal) The Kenyan government Kenya has officially begun the process of selling a 15…

    MTN Values Mobile Money Arm at UGX18 trillion (US$5b), Considers IPO

    CEO ReporterCompany NewsApril 13, 2021April 13, 2021

    MTN Group Ltd. values its mobile money arm at about US$5 billion (UGX18 trillion) and will consider a listing of the division, joining African wireless carriers trying to monetize a…

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