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Kenya to Sell Safaricom Stake to Vodacom in $1.6 Billion Deal
ByAinvest
Thursday, Dec 4, 2025 5:10 am ET1min read
Kenya is selling a stake in Safaricom, a telecom company, to Vodacom, a subsidiary of Vodafone, for $1.6 billion. The deal aims to reduce Kenya's debt burden. Safaricom is Kenya's largest mobile operator and a key contributor to the country's economy. The sale will also give Vodacom a significant presence in the East African market.
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