Safaricom Appoints Sitoyo Lopokoiyit To Head M Pesa Africa

The two entities completed the acquisition of the M-Pesa brand from their affiliate Vodafone Group Plc in an Sh1.4 billion transaction in April this year. “This team will be led by and report directly to Sitoyo Lopokoiyit.” Interim Managing Director, M-Pesa Africa Shameel Joosub, Vodacom Group CEO, says, “Our joint venture will allow Vodacom and Safaricom to drive the next generation of the M-PESA platform – an intelligent, cloud-based platform for the smartphone age.”