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16

Vodafone

VOD

Extending the e-commerce boom to African merchants.

This year saw the 10th anniversary of the payments system M-Pesa, launched by Vodafone and ­Safaricom in ­Kenya. The platform, which lets people send currency via text message, has spread to 30 million users in 10 nations. The partners hope to extend its empowering effects with an e-commerce site, Masoko, designed to help small merchants find customers.

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Impact Segment

Economic Opportunity/Financial Inclusion

Sector

Technology

Industry

Telecommunications

CEO

Vittorio Colao

Employees

111,556

Company Type

Public

Revenues ($M) (Last Fiscal Year)

$52,223

Profits ($M) (Last Fiscal Year)

$-6,904

Market Value ($M)

$75,377

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