Kenya has accelerated its state-asset sale programme with the decision to sell a 15% stake in Safaricom—its biggest and most profitable company—to South Africa’s Vodacom Group. The transaction, valued at KES 34 per share, is worth approximately $1.6–$2.1 billion depending on the final structure, and marks one of the most significant telecom deals in Africa … Continue reading Kenya Sells 15% of Safaricom to Vodacom in $2 Billion Deal