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Vodacom to acquire 15% stake in Safaricom

PRIVATEMar 12, 2026

Acquiring Company

Vodacom

Acquired Company

Safaricom Plc

MidrandNairobiHardwareFinancial ServicesMobileTelecommunicationsHardwareTelecommunications

Description

Parliament has approved the sale of a 15% government stake in Safaricom PLC to Vodacom Group for Sh204 billion. The deal, which was supported by a joint parliamentary committee, includes conditions to protect jobs and ensure public interest. The transaction is expected to raise funds for the National Infrastructure Fund, aimed at financing development projects.

Company Information

Company

Vodacom

Location

082 Vodacom Blvd

Midrand, Gauteng, South Africa

About

Vodacom is a leading African mobile communication company providing a wide range of communication services, including mobile voice, messaging, data, financial, and converged services to over 115 million customers.

Fundz sees it the moment Vodacom makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Safaricom Plc?

Safaricom Plc was acquired by Vodacom, based in Midrand. The deal was reported on March 12, 2026. Vodacom is a leading African mobile communication company providing a wide range of communication services, including mobile voice, messaging, data, financial, and converged services to over 115 million customers. Vodacom is privately held and operates in Hardware.

When did Vodacom acquire Safaricom Plc?

Vodacom's acquisition of Safaricom Plc was reported on March 12, 2026. Parliament has approved the sale of a 15% government stake in Safaricom PLC to Vodacom Group for Sh204 billion. The deal, which was supported by a joint parliamentary committee, includes conditions to protect jobs and ensure public interest. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Safaricom Plc do?

Safaricom Plc is a listed telecommunication company operating in Kenya, known for providing mobile and data services as well as financial services. It is privately held, operating in Hardware, and is based in Nairobi.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.