Vodacom seizes control of Safaricom in multibillion top-up

Joe Purnell2025-12-04T16:07:00

Source: Safaricom

South African group bets on mobile money and Ethiopian growth engines as it secures majority stake in Kenya incumbent — as Nairobi government finally cedes economic control to Vodafone cabal…

This article includes:

Themes: Capital unlocking; Debt reduction; Digital and financial inclusion; Greenfield expansion; Infrastructure investment; Mobile lending; Mobile money; Ownership consolidation; Regional expansion; Regulatory approvals; Shareholder value creation; Strategic divestment; Strategic integration; Telco consolidation; Vision 2030 roadmap.
Events: M-PESA spin-out proposal; Safaricom carve-up proposal; Safaricom stake acquisition; Telkom Kenya stake sale; Vodacom–Safaricom transaction closing.
People: John Mbadi; Peter Ndegwa; Shameel Joosub.
Geographic: Africa; East Africa; Ethiopia; Kenya; Midrand; Nairobi; South Africa.
Organisations: Government of Kenya; Helios Investment Partners; Infrastructure Corporation of Africa; M-PESA; Nairobi Securities Exchange; National Treasury of Kenya; Safaricom; Safaricom Ethiopia; Telkom Kenya; Vodacom Group; Vodafone Group; Vodafone Kenya.

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