In a major development set to reshape East Africa’s telecommunications landscape, the Government of Kenya has agreed to sell a 15 % stake in Safaricom Plc to Vodacom Group Ltd, a subsidiary of the Vodafone Group, in a deal valued at approximately KSh 244.5 billion (about $1.6 billion). In a major development set to reshape East Africa’s telecommunications landscape, the Government of Kenya has agreed to sell a 15 % stake in Safaricom Plc to Vodacom Group Ltd, a subsidiary of the Vodafone Group, in a deal valued at approximately KSh 244.5 billion (about $1.6 billion).
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