M-Pesa GM Sitoyo Lopokoiyit says the company is not for sale despite capital restructuring
The fintech mobile phone platform wants to enrich its offerings and has no plans to set up in French-speaking Africa.
26/03/2021 at 18h29, by Africa Business+
The restructuring of M-Pesa‘s capital last year did not indicate a possible sale by its current shareholders, Safaricom and Vodafone, said the mobile platform M-Pesa’s interim general manager Kenyan Sitoyo Lopokoiyit. He spoke at the Africa Financial Industry Summit on 10 – 11 March—organised by the Africa CEO Forum (Jeune Afrique Media Group) and the International Finance Corporation (IFC) (World Bank).
Recommended articles
Electricity
03/01/2022 at 17h48, by Africa Business+
Toyota Tsusho-Eiffage-WABAG wins Dakar desalination plant contract
An exclusive from Africa Business+.
New technologies
04/05/2021 at 18h20, by Africa Business+
Karim Jouini and Jihed Othmani to take Expensya into UK, Portugal, Austria and Italy
The Franco-Tunisian start-up, born in Tunis, is not considering new investment on the continent for...
Telecoms
27/11/2020 at 13h01, by Africa Business+
Intelvision enlists the help of Vodafone and 2Africa to compete with Airtel
The Seychelles-based company has decided to install its own submarine cable to link the island to East...
Telecoms
17/04/2020 at 15h45, by Africa Business+
Linklaters and Freshfields work to complete the sale of Vodafone Egypt to Saudi Arabian STC
The Covid-19 pandemic has seen negotiations extended by 90 days. At the beginning of January, a preliminary...