Further to the announcement on 4 December 2025, Vodafone Group Plc (“Vodafone”) announces that its African subsidiary, Vodacom Group Ltd (“Vodacom”) has completed the acquisition of an effective 20% of the issued share capital in Safaricom Plc (“Safaricom”), increasing its shareholding to 55%.
Vodacom acquired 15% from the Government of Kenya for a cash consideration of KES 204 billion (€1.36 billion1) and 5% from Vodafone2 for a cash consideration of KES 68 billion (€0.45 billion1).
Safaricom will now be fully consolidated by both Vodacom and Vodafone, which gain controlling ownership of one of Africa's most successful telecoms and financial services businesses.
Notes
- Based on foreign exchange rate of 1 Euro:150.5 Kenyan shilling.
- Vodafone, through its subsidiary Vodafone International Holdings B.V., sold its remaining 12.5% stake in Vodafone Kenya Limited (equivalent to an effective 5% stake in Safaricom) to Vodacom.
For further information
Vodafone Group, Media Relations
[email protected]
Investor Relations
Email: [email protected]
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