Safaricom's Ethiopia partners have right to buy back 2.8pc stake
Nairobi, July 14 -- Safaricom has disclosed that its co-investors in its Ethiopia subsidiary retain the right to buy back the 2.78 percent stake they lost when it made an equity investment in the unit in the year to March 2026.
The telco and its South African parent Vodacom Group Limited, through their investment vehicle Vodafamily Ethiopia Holding Limited, participated exclusively in a cash call that raised Sh21.3 billion and increased their combined stake in the telco from 57.41 percent to 60.19 percent.
Safaricom contributed Sh19.64 billion into Vodafamily for the cash call, effectively raising its holding in the Ethiopia unit to 54.17 percent from 51.67 percent in 2025. Vodacom's stake rose to 6.02 percent from 5.74 percent.
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