In Kenya, the M-Pesa platform has grown over the years to become the biggest revenue earner for Safaricom, ahead of voice and data services.
By
Charles Mwaniki
Business Reporter
Nation Media Group
Safaricom and its South African parent Vodacom Group have made a profit from operations on their M-Pesa Africa joint venture for the first time as the platform hit 60 million users across Africa.
The first problem Safaricom's M-PESA solved was moving money. The company now believes the harder one is lending.
The Vodacom Safaricom deal closed on June 30: $2.1 billion gives the South African group 55% of East Africa's most profitable…
Vodacom Group has successfully completed its R35 billion acquisition of a 20% stake in Safaricom, enhancing its control and…
M-KOPA says it now serves 10 million customers across Kenya, Uganda, Nigeria, Ghana, and South Africa, six years after crossing…
Safaricom’s parent Vodacom Group last month completed the acquisition of an additional 15 percent stake in the company for…
As the South African pushes to expand East Africa presence with controlling stake
