Nairobi, July 30 -- Safaricom Plc's funding contribution to its Ethiopian startup rose by Sh1.4 billion in three months to June 2026, underlining the telecoms increased interest in the business co-owned with partners including its parent Vodacom, Sumitomo Corporation, British International Investment (BII) and International Finance Corporation (IFC).

New disclosures from Safaricom place its total funding contribution to the business at Sh159.6 billion ($1.234 billion) at the end of June 2026 from Sh158.2 billion ($1.223 billion) in March.

The disclosures however do not provide a breakdown on the type of funding for Safaricom in the three months period.

The telecoms operator raised its stake in the Ethiopian unit to 54.1 percent in Marc...