Fortune has released the Change the World List which has names of most impactful companies in the world.The 2020 list has a total of 52 companies in different sectors recognized for innovative business strategies that positively impact the world
Safaricom emerged seventh for M-TIBA, a mobile health service that allows users to send, save, and receive funds to access healthcare services using their mobile phones.
M-TIBA funds can be used to pay for medical treatment at partner facilities. It was launched in partnership with CarePay and PharmAccess, allowing customers to deposit as low as ten shillings.
Speaking of the recognition, Safaricom’s CEO Peter Ndegwa said, “We are honoured to be included in this global list that recognises companies that are using their products and services to provide sustainable, shared value solutions to the communities they serve.”
“M-TIBA has shown how, through partnerships, we can use the mobile phone to drive healthcare inclusion for millions of people.”
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Launched in July 2016, M-TIBA currently has over 4 million users. The service has also won two other awards, including the Sustainable Development award from FT/IFC Transformational Business in 2017 and a Shared Value Gold Award from Loeries Awards in the same year. Other categories of top ranked organizations include
- The Vaccine Makers
- Serum Institute of India