Vodafone to acquire majority stake in Safaricom, gaining control of African telecoms and fintech business.
ByAinvest
Thursday, Dec 4, 2025 2:04 am ET1min read
VOD--
Vodafone Group's African subsidiary, Vodacom, has agreed to acquire a 20% stake in Safaricom Plc, Kenya's leading telecoms operator, for a cash consideration of €1.36 billion. The acquisition will take Vodacom's stake in Safaricom to 55%, with the Government of Kenya owning 20% and public investors owning 25%. Following completion, Safaricom will be consolidated by both Vodacom and Vodafone.
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