Econet Wireless, owned by Strive Masiyiwa, Zimbabwe's wealthiest individual, has appointed Sarah Masiyiwa, Strive's daughter, to a senior executive role within the company.

Sarah Masiyiwa, Strive Masiyiwa's daughter, has been appointed to the role of Alternate Director on Econet Wireless's board.
Sarah Masiyiwa, with expertise in economics and global media, joins the board as of October 2025 to contribute to investment strategy.
Elizabeth Tanya, Sarah's sister, has held a similar role since April 2022, also serving as director on the company's board.
Strive Masiyiwa, on the other hand, seems more interested in AI, with a $720 million investment set for establishing AI factories across Africa.

The telecom behemoth Econet Wireless appointed Sarah Masiyiwa as an Alternate Director on its board alongside her elder sister, Elizabeth Tanya, who has held the position of full director for years.

Sarah?s appointment to the company?s board under her new role took effect on the 1st of October 2025, as reported by Billionaires.Africa.

The move strengthens the hold of the Masiyiwa family's Econet organization, founded by their father, Strive Masiyiwa.

Econet noted back in September, when the move was first initiated, that Sarah would bring a level of ?investment strategy and business development? to the company to help it scale further.

She boasts considerable expertise in economics, journalism, and oversight positions in global media, which the company believes would be pivotal in her leadership role.

Similarly, Elizabeth Tanya has brought a wealth of experience to her role as director since assuming the position in 2022, when her father stepped down from the company.

With a background in banking, international finance, and social entrepreneurship, she has led initiatives in education, philanthropy, and technology through platforms Delta Philanthropies and Simba Education.

Her expertise in innovation and social impact aligns perfectly with the company?s commitment to both digital transformation and community development.

With both appointments, the family has consolidated its influence over the company, now holding two seats on the board of directors.

The appointments also highlight Strive Masiyiwa?s withdrawal from leadership in the company to focus on the growth of a new phenomenon sweeping the tech space: AI.

Strive Masiyiwa?s focus on AI

Recent reports show that Zimbabwe?s richest man, Strive Masiyiwa, has taken a keen interest in the proliferation of AI.

This is highlighted by major investments in the field, given his plans to build five artificial intelligence (AI) factories across Africa within the next year, as part of a $720 million investment through his company Cassava Technologies.

The factories are set to be built in Egypt, Morocco, Kenya, Nigeria, and South Africa.

The objective, according to Masiyiwa, is to lessen dependency on foreign cloud providers by providing major African markets with access to their own cutting-edge AI infrastructure.

The Zimbabwean billionaire described his plan as part of Cassava?s ?Sovereign AI Cloud? strategy, which aims to allow African countries to host and run their own AI systems locally.

In recent years, he has expanded Cassava from telecoms into cloud computing, fintech, cybersecurity, and artificial intelligence.

The first AI factory is already under development in South Africa.

It will include around 3,000 powerful Nvidia graphics processors, which are the type of hardware used to train and run AI systems.

Many African universities, researchers, and startups have already booked space to use this computing power. (Business Insider Africa)

Update news