Safaricom held its inaugural investors’ day on Wednesday, February 15th, 2023 to update stakeholders 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 and online.
During the forum, Safaricom executives briefed the audience on its vision and strategic opportunities around its key business areas including sustainable business and social impact, financial services, big data, technology, and enterprise business opportunities for both private and public sector. Investors were also taken though a detailed progress update of Safaricom Ethiopia.
Additionally, there were experiential demonstrations that showcased different products across all the business segments and brought to life key innovations that the businesses have implemented which gave the investors a “hands on feel”.
The event also provided an opportunity to the investors to engage firsthand with the senior leadership teams for both Kenya and Ethiopia through speed networking sessions.
Speaking at the event, Safaricom CEO Peter Ndegwa said “We are excited to host our first-ever investors day, which is an important platform for us to engage with our stakeholders, including investors and analysts, to drive a deeper understanding of our strategy, operating model, execution plans and our vision as we strive to fully transform into a technology company by 2025. At Safaricom, we are committed to driving purpose-led growth, which means transforming lives through innovation and technology for a better society.”