Safaricom CEO Peter Ndegwa Outlines Next Phase of Technology, M-Pesa Growth
Originally published by Kahawatungu — Read the original article →
Safaricom Chief Executive Officer Peter Ndegwa has outlined the company’s transformation from a traditional telecommunications operator into a technology-driven business, highlighting the growing role of M-PESA, artificial intelligence (AI) and connectivity in expanding financial inclusion across Africa.
Speaking to CNN’s Victoria Rubadiri on Profit Point, Ndegwa reflected on his six years at the helm of Safaricom, discussing key decisions that have shaped the company’s growth, including its expansion into Ethiopia, the evolution of M-PESA and continued investment in network infrastructure.
Ndegwa said Safaricom’s ambition is to become “Africa’s leading purpose-led technology company”, using innovation to address customer needs and deliver broader social and economic impact.