Company Name: Safaricom Plc

• Parent Company: Partially owned by Vodacom Group and the Government of Kenya
• Industry: Telecommunications, Mobile Money, Digital Services
• Operating Income: ~$1.3 billion USD (FY2023)
• Year Established: 1997
• Headquarters: Nairobi, Kenya
• Markets: Kenya, Ethiopia

Leadership

• CEO Name: Peter Ndegwa

Company Overview

• Company Description:
  Safaricom Plc is Kenya’s largest telecommunications provider and a pioneer in mobile financial services. It is best known for M-Pesa, a revolutionary mobile money service used widely across Africa. Safaricom dominates Kenya’s telecom space with services ranging from voice and data to fintech and digital content. It recently expanded operations to Ethiopia in partnership with Vodacom and Sumitomo.

Industry

Telecommunications and fintech, with integrated services in mobile networks, digital payments, data, enterprise solutions, and content services.

Subsidiaries

• Safaricom Ethiopia
• M-Pesa Africa
• Safaricom Investment Cooperative
• Masoko (e-commerce platform)