Kenya’s Foreign Exchange Reserves Hit Record High After Safaricom Deal and World Bank Funding

Kenya’s foreign exchange reserves have reached a historic high. The reserves rose by $1.5 billion in…

Vodacom Raises 2030 Revenue Target After Increasing Safaricom Stake

Vodacom has raised its long-term revenue target following the completion of its acquisition of a majority…

Vodacom Tightens Grip on Safaricom as Kenya Monetizes Stake for Immediate Cash

Kenya’s government has restructured its relationship with Safaricom in a deal that strengthens Vodacom Group’s control…