Tag Archives: Vodafone’s African Arm Expands Influence as Vodacom Moves to Acquire Majority Ownership in Safaricom

Safaricom Set for New Ownership Structure as Vodacom Secures Additional 20 Percent Stake in Multi-Billion Transaction

(IN BRIEF) Vodacom has agreed to acquire an additional 20% stake in Safaricom for a total consideration of €1.81 billion, purchasing 15% from the Kenyan government and 5% from Vodafone. Once finalized, Vodacom’s ownership will increase to 55%, giving the … Read the full press release