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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.

Company Information

Impact Segment
Economic Opportunity/Financial Inclusion
Sector
Technology
Industry
Telecommunications
CEO
Vittorio Colao
Websitehttp://www.vodafone.com
Employees111,556
Company Type
Public
Revenues ($M) (Last Fiscal Year)$52,223
Profits ($M) (Last Fiscal Year)$-6,904
Market Value ($M)$75,377