Technology
Safaricom Puts More Money Into Ethiopia as Its Stake Climbs Past 54%
Originally published on TechTrends KE
Safaricom has increased its shareholding in the Ethiopian telecom venture to 54. 1 percent after committing additional capital to the operation during the year ended March 2026, reinforcing its position as the largest backer of the business.
The rise in ownership followed a funding round led by Safaricom and Vodacom Group Limited. Their participation diluted holdings … The post Safaricom Puts More Money Into Ethiopia as Its Stake Climbs Past 54% appeared first on TechTrendsKE .
This article continues with more details and analysis.
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