Kenya Sells the Crown Jewel: What the Safaricom-Vodacom Deal Tells Us About Africa’s Fiscal Reckoning
UphivaBETAR
Kenya has approved the sale of a 15% Safaricom stake to Vodacom for KES 204 billion ($1.5B). The real story: a debt-distressed government has monetised Africa’s most valuable fintech asset through a bilateral deal — not the capital markets Safaricom has been democratising.
