Vodafone Kenya Completes Acquisition of Government’s 15% Safaricom Stake
Vodafone Kenya has completed the acquisition of the Kenyan government's 15% stake in Safaricom, increasing its shareholding to 55% following regulatory approval and a court ruling...
✨ Key Highlights
Vodafone Kenya Limited has successfully acquired the Government of Kenya’s 15% stake in Safaricom, increasing its ownership to 55% and making it the majority shareholder. The transaction was finalized on 30 June 2026.
- Vodafone Kenya Limited now holds 55% of Safaricom.
- The acquisition involved the purchase of the Government of Kenya’s stake for KES 204 billion.
- Regulatory approval was granted for Vodafone Kenya to be exempted from a mandatory takeover offer to minority shareholders.
Continue Reading
Read the complete article from Tech Arena
Part of the Day's Coverage
Vodafone Kenya Completes Acquisition of Government’s 15% Safaricom Stake - July 2026
Vodafone Kenya Limited has successfully acquired the Government of Kenya's 15% stake in Safaricom, increasing its ownership to 55% and making it the majority shareholder. The transaction was finalized on 30 June 2026. The acquisition strengthens Vodafone Kenya's position in the East African telecom market. Additionally, Kenyan EdTech startup Craydel has expanded its operations into Ghana, marking its entry into its eighth African market, demonstrating Kenya's growing tech influence across the continent. Meanwhile, Visa has launched new smartphone payment features for its Visa Accept and Visa Direct platforms, enabling small businesses to send and receive digital payments without additional hardware.
