Further to the announcement on 4 December 2025, Vodafone Group Plc (“Vodafone”) announces that its African subsidiary, Vodacom Group Ltd (“Vodacom”) has completed the acquisition of an effective 20% of the issued share capital in Safaricom Plc (“Safaricom”), increasing its shareholding to 55%.

Vodacom acquired 15% from the Government of Kenya for a cash consideration of KES 204 billion (€1.36 billion¹) and 5% from Vodafone² for a cash consideration of KES 68 billion (€0.45 billion¹).

Safaricom will now be fully consolidated by both Vodacom and Vodafone, which gain controlling ownership of one of Africa’s most successful telecoms and financial services businesses.