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Safaricom, a Kenyan telecommunications service provider, has hired the managing director of Citibank to be in charge of strategy and acquisitions. The telco is currently seeking regulatory approvals to launch insurance, unit trust, and savings products in an endeavour to compete with larger financial services and expand its mobile money platform M-Pesa. Michael Mutiga, MD […]

Safaricom has announced that it has appointed Michael Mutiga as the Chief Business Development & Strategy Officer effective 1st May 2022.

Mr Michael Mutiga is Citi’s managing director and head of corporate finance for Sub-Saharan Africa.

A quartet of international finance organisations have provided the latest backing to the African home solar market.

Standard Bank Group, Citi, Norfund and CDC Group fund Greenlight Planet Kenya, leading solar energy business in Africa