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TodayWednesday, May 06, 2026

Vodacom

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
February 11, 2026
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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
February 11, 2026
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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 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

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 and mobile
December 17, 2025
Customers at an MTN Mobile money booth. MTN Money Uganda Ltd controls the biggest market share of mobile lending in Uganda

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

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 service that
April 13, 2021

 

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