Safaricom Hosts Its First-Ever Safaricom Investor Day

Kenya’s giant telecommunications company, Safaricom, hosted its first-ever Safaricom Investor Day at the Carnivore Grounds deliberating on the company’s business model and plans for the future.

The event saw Mr. Peter Ndegwa, Safaricom’s CEO, joined by members of his top leadership management, update investors on its journey to become a purpose-led technology company by 2025.

The hybrid investor day themed “Driving Purpose-Led Growth”, brought together the investor community, analysts, and regulatory bodies, including representation from the Nairobi Securities Exchange (NSE) and the Capital Markets Authority (CMA) with an attendance of over 100 investors in-person.

During the forum, the telecommunications giant briefed the stakeholders on its vision and strategic opportunities around its key business areas including Consumer business, sustainable business and social impact, financial services, technology, and enterprise business opportunities for both the private and public sectors.

In attendance also was the Chief Executive Officer, of Safaricom Ethiopia PLC Mr. Anwar Soussa. Mr. Soussa took the investors through a detailed progress update of the Safaricom Telecommunications Ethiopia PLC business and projections for the next 10 years.

“At Safaricom, we remain committed to driving purpose-led growth, while remaining true to our purpose of transforming lives, especially through innovation and technology for a better society. We appreciate the role our investors play in this journey and are continually looking forward to partnerships that align with this vision,” said the company in a statement.