SAFARICOM, M-KOPA SOLAR SIGN TALENT EXCHANGE PROGRAMME DEAL

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Safaricom (NSE: SCOM) and M-KOPA Solar have today signed a Memorandum of Understanding (MoU) that will see employees from both organisations benefit from a robust talent exchange programme.

The MoU will focus on skill exchanges in the areas of Technology and Innovation, Human Safety & Wellness and Customer Experience Excellence, and is the first one of its kind that Safaricom has signed with another local company.

Safaricom staff taking part in the programme will join M-KOPA Solar for a period of three to six months, sharing knowledge and skills in their areas of specialization, and benefitting from new skills, experiences and relationships during their tenure at the solar technology company.

Speaking during the MoU signing, Safaricom CEO Bob Collymore said: “This agreement is the outcome of several discussions we’ve had over the past couple of months, and positions us both to learn from each other and leverage on our relationship to grow. I’m a strong believer in the value of partnerships for mutual benefit, and for the overall benefit of the customers we serve.”

He added: “Today, thanks to M-KOPA Solar’s vision, over 400,000 homes in Kenya, Uganda and Tanzania are enjoying the benefits of solar power. They are transforming lives, and it is an honour for us to be a partner on their journey.”

The mutual talent exchange programme will be need-based and will focus on the various areas in which both companies feel there is need to build capacity.

“The off-grid market is rapidly changing as consumers get affordable power for the first time. This is opening up a new market for transformational services. We need smart partnerships between parallel industries to make these a reality. Our talent MOU with Safaricom is a natural next step on the back of our long-standing collaborations on technology and distribution,” said Jesse Moore, CEO – M-KOPA Solar.

Safaricom currently has an existing talent exposure partnership with Vodafone Group’s Samaran Programme, which has so far seen a number of employees take up temporary posts in India, Qatar, South Africa, Ghana and Tanzania.

The partnership with M-KOPA Solar intends to borrow from best practices learned through the Vodafone programme and open up channels through which Safaricom can collaborate with more local companies.

Last year Safaricom was named African Employer of Choice 2015 for the Leadership and Management as well as Corporate Social Responsibility categories, at in the first ever Careers In Africa Employer of Choice Awards. The company is seeking to bolster its talent identification, nurturing, management and sharing initiatives, as the competition for highly skilled talent becomes fiercer.

About Safaricom

Safaricom transforms lives.

We provide voice, data, financial services and enterprise solutions for a range of subscribers, small businesses and government, using a variety of platforms.

As the biggest communication company in East and Central Africa, Safaricom delights over 26.6 million subscribers, providing over 200,000 touch points for its customers and offering over 100 different products under its portfolio.

Listed on the Nairobi Securities Exchange and with annual revenues in excess of Kshs 150 Billion, Safaricom invested Kshs 32.13 billion in infrastructure this year, providing over 80% of Kenya’s population with 3G coverage and providing 2G coverage to 95% of Kenyans. Safaricom has harnessed its proprietary fibre infrastructure to build a dedicated enterprise business, which provides managed IT services to clients in the East African region.

Safaricom pioneered commercial mobile money transfer globally through M-PESA, the most successful service of its kind anywhere in the world.  Launched in March 2007, M-PESA now has over 24 million customers and over 114,000 M-PESA Agent outlets countrywide.

About M-KOPA Solar

M-KOPA is the world’s leading ‘pay-as-you-go’ energy provider to off grid homes. The company has developed a better way to provide affordable, safe and clean energy to billions of people living off the grid. Thanks to the sun’s rays and mobile technology, customers can light up their homes, charge their phones, tune into the radio and turn on the television. They can do all this at the flick of a switch and for less than they used to spend on kerosene.

 

M-KOPA has won awards for technology and excellence at the 2013 FT/IFC Sustainable Finance Awards. It was awarded a Bloomberg New Energy Finance Award 2014. M-KOPA was recognised as being a game changer in clean energy technology in the 2014 Global Cleantech 100 List and was the winner of the SME category in the 2015 Zayed Future Energy Prize.

For further information, please contact

Safaricom PR & Corporate Communications

Phone: +254 729 287500

PRComms@Safaricom.co.ke

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