Hello

Your subscription is almost coming to an end. Don’t miss out on the great content on Nation.Africa

Ready to continue your informative journey with us?

Hello

Your premium access has ended, but the best of Nation.Africa is still within reach. Renew now to unlock exclusive stories and in-depth features.

Reclaim your full access. Click below to renew.

Safaricom eyes start up acquisitions in profit drive

Peter Ndegwa

Peter Ndegwa, the Safaricom chief executive officer. 

Photo credit: Pool

The Board of Directors of Safaricom Plc has recommended the acquisition of startup tech firms that would boost the company’s financial growth.

In a recommendation to the telco’s shareholders, the directors target the creation of a special subsidiary company to drive the initiative.