
Vodacom Takes 55% Control of Safaricom as Kenya Finalises Stake Sale
Vodacom has secured majority control of Kenya's largest telecom operator, a move that deepens European ownership across East Africa's connectivity market.

Clara Schmidt
Germany Editor · Berlin
Vodacom has moved to majority ownership of Safaricom after Kenya finalised the sale of a stake in the country's largest telecommunications operator, according to reporting by Techpoint Africa. The transaction lifts the South African group's holding to 55%, giving it decisive control over one of the most influential mobile and mobile-money businesses on the continent.
Why the deal matters for the Africa–Europe corridor
Vodacom is majority-owned by the UK-headquartered Vodafone Group, meaning the shift in control tightens the link between European capital and one of Africa's most closely watched telecom franchises. Safaricom's reach extends well beyond voice and data: its M-Pesa platform is a cornerstone of digital payments in Kenya and a reference point for fintech operators across the region. Consolidating control under Vodacom positions European-linked ownership at the centre of both connectivity and financial infrastructure in East Africa.
Keep reading
European Fintech's Next Chapter: Scaling Barriers and Opportunities
Industry observers are turning attention to what will define Europe's next wave of fintech firms as they seek to scale across a fragmented market.
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe — one sharp email each morning. No spam, unsubscribe anytime.








