Safaricom shrugs off M-PESA carve-out talk as m-money closes in on connectivity

Joe Purnell2026-05-08T14:15:00

Source: Safaricom

CEO Peter Ndegwa dismisses recurring talk of an m-money spin-off as M-PESA closes in on traditional Connectivity Business revenue. Further integration on the cards, he says, to leverage strengths of each…

This article includes:

Themes: Financial inclusion; Mobile money; Platform integration; Revenue diversification; Super app strategy; Telecommunications convergence.
Events: Safaricom FY25–26 earnings call.
People: Adriano Joshua; Michael Joseph; Peter Ndegwa; Shameel Joosub.
Geographic: Africa; Ethiopia; Kenya.
Organisations: Airtel; Airtel Money; GSMA; M-PESA; Safaricom; Telekom Kenya; Vodacom.

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