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Vodafone to Acquire 20% More Stake in Safaricom for €1.81 Bln, Gaining Control
ByAinvest
Thursday, Dec 4, 2025 2:56 am ET1min read
Vodafone Group has agreed to acquire a 20% stake in Kenya's Safaricom for €1.81bn, increasing its total stake to 55%. The deal is expected to close in Q1 2026, subject to regulatory approvals. Safaricom owns a scaled tower and spectrum portfolio in Kenya, as well as fintech business M-Pesa with 38 million customers. Vodafone's African subsidiary, Vodacom Group, will acquire the stake from the Government of Kenya and Vodafone.
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