ECONET IS A 22 YEAR-OLD ENTREPRENEURIAL TECHNOLOGY GROUP
Our vision is a digitally connected future that leaves no African behind.
Econet is a technology focused Group with an entrepreneurial spirit. Our purpose is to empower Africans with technology for economic prosperity. Led by our Founder & Executive Chairman, Strive Masiyiwa, our Group CEO, Hardy Pemhiwa and experienced management teams we build and operate businesses that use technology to address everyday consumer and business needs in Africa.
As an active owner and operator, Econet believes in delivering both shareholder and social value by building long-term sustainable businesses that contribute positively to society. We invest in Africa, with a focus on Sub Saharan Africa.
Econet was founded by Strive Masiyiwa and started operations in 1998 with mobile phone companies in Botswana and Zimbabwe. Today we operate in 23 African markets through six strategic business units which cover mobile telephony (Econet Wireless), fibre broadband services (Liquid Telecom), data centre & cloud services (Africa Data Centres), fintech (Cassava Fintech), solar energy (Distributed Power Africa) and digital on-demand platforms (Vaya Technologies).
Econet Wireless founded by Strive Masiyiwa
Launch of mobile network and listed shares on Zimbabwe Stock Exchange
Build-out of network infrastructure
Investment in fibre network and other infrastructure
Launch of EcoCash
31% of adult Zimbabweans registered within 18 months
Acquisition of Steward Bank
Launch of EcoSure
Quad Play Platform
Acquisition of Neotel
Cape to Cairo 60,000km
fibre network completed
Econet MNG – Inception Years