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Vodacom completes acquisition of 55% Safaricom stake

Internet

Vodacom Group has finalised the acquisition of an additional 20% effective stake in Safaricom PLC, increasing its shareholding to approximately 55% and securing majority ownership of the telecommunications, financial services and technology company

The transaction was completed after the Court of Appeal of Kenya stayed a conservatory order on 26 June 2026 and all remaining conditions precedent were satisfied.

Originally announced in December 2025, the transaction is valued at US$2.1bn (R35bn). Under the agreement, Vodacom acquired a 15% stake from the Government of Kenya and an effective additional 5% stake from Vodafone Group Plc at KES34 per share.

Following the completion of the transaction, the Government of Kenya retains a 20% shareholding in Safaricom, which continues to be listed on the Nairobi Securities Exchange.

As a result of the increased ownership, Safaricom's financial results will be consolidated into Vodacom's financial statements under IFRS rather than being reported as an associate. Vodacom reported EBITDA of R63bn for FY26, while Safaricom reported EBITDA of R29bn.

Majority ownership supports Vision 2030 strategy

Shameel Joosub, Vodacom Group CEO, said, "This is a landmark moment for Vodacom, for Safaricom, and for the communities we serve across East Africa. Acquiring majority ownership in Safaricom strengthens our position as a market leader, while at the same time unlocking new opportunities to drive digital and financial inclusion at scale in Kenya and Ethiopia. Safaricom's outstanding track record and differentiated growth outlook perfectly complement our Vision 2030 ambitions, empowering us to deliver sustainable value for all stakeholders and to connect millions more people for a better future. I look forward to partnering with Governments in Kenya and Ethiopia and working even closer with the Safaricom team, leveraging the learnings from their success across the Group."

Safaricom is recognised as one of Africa's leading companies, with operations spanning telecommunications, financial technology, technology services and social impact initiatives. Its M-Pesa platform continues to play a significant role in advancing financial inclusion, with fintech contributing 44% of revenue in Kenya.

The company has also expanded into Ethiopia, where it has built a customer base of approximately 14 million, while continuing to grow its cloud, Internet of Things (IoT) and enterprise service offerings.

Transaction strengthens Vodacom's East African footprint

According to Vodacom, the acquisition represents an important milestone in its Vision 2030 strategy, which focuses on strengthening its leadership across Africa's high-growth markets while expanding its portfolio of digital and financial services.

With the transaction complete, Vodacom's operations now extend across a connected footprint stretching from South Africa through East and Central Africa to Egypt, with Safaricom serving as the centre of its East African business.

FCPA John Mbadi, E.G.H., cabinet secretary, National Treasury of Kenya, said, "Twenty-five years ago, the Government of Kenya made a founding investment in a mobile telephone licence. That investment has grown into Safaricom - a company that has transformed financial inclusion across Africa, connected more than fifty million Kenyans, and contributed over one-and-a-half trillion shillings to the Exchequer. Today, we crystallise a portion of that extraordinary value to invest in the roads, the energy systems, the water infrastructure, and the airports that will power Kenya's next chapter of growth. We do so lawfully, transparently, and with the express authority of Parliament. Safaricom's best days are not behind it. They are ahead of it. And Kenya remains its home."

Vodacom intends to update the market on its medium-term targets on or around 27 July 2026, when the Group publishes its first quarter results.

 

Yas Tanzania deploys Ericsson’s first AIR 3285 Radio in Africa. (Image source: Ericsson)

Mobile

Ericsson and Yas Tanzania have announced the first commercial deployment in Africa of Ericsson’s AIR 3285 radio, marking a significant advancement in mobile network performance and connectivity experience across Tanzania

The deployment follows a successful trial and forms part of Yas Tanzania’s broader network modernisation and expansion programme, aimed at strengthening digital infrastructure and improving access to high-quality connectivity nationwide. Ericsson is providing the AIR 3285 radios, along with deployment and integration support, to enhance network capacity, efficiency and performance.

The upgraded network capabilities will support more reliable connectivity for a range of everyday digital activities, including e-learning, remote working and live streaming. The technology will also improve performance in high-density environments, such as major events, while creating a stronger foundation for emerging digital services that contribute to inclusive economic growth.

The enhanced 4G capabilities are expected to support Tanzania’s digital transformation by expanding access to high-speed connectivity for individuals and businesses. The improved network infrastructure will also help enable advanced applications, including Internet of Things (IoT) solutions and smart city initiatives.

Hassan Jaber, Group Chief Executive Officer of Yas, commented: “Our partnership with Ericsson on this deployment reflects our continued commitment to enhancing connectivity across Tanzania. This first deployment of the technology in Africa marks an important step in our journey, as we introduce advanced Massive MIMO solutions to strengthen our network and better serve individuals, businesses and communities nationwide.”

Alain Maupin, Vice President and Head of Ericsson East and North Africa at Ericsson Europe, Middle East and Africa, stated, “This first deployment of AIR 3285 in Africa is a proud moment for Ericsson and a testament to our technology leadership. We are dedicated to supporting Yas Tanzania's vision for a fully connected nation. This milestone validates the real-world impact of our Massive MIMO solutions in delivering exceptional performance and accelerating the journey toward a digital-first economy in Tanzania.”

Ericsson’s AIR 3285 is a dual-band Frequency Division Duplexing (FDD) Massive MIMO radio weighing just 31kg, making it the lightest solution in its category. Its compact and optimised design supports faster deployments at high-capacity locations while helping operators address increasing demand for uplink capacity.

Compared with traditional 4T/4R solutions, the AIR 3285 delivers up to four times higher uplink capacity and twice the downlink capacity, supporting improved network performance and operational efficiency. The deployment builds on ongoing efforts by Ericsson and Yas Tanzania to strengthen mobile network capabilities across the country.

Ericsson and Yas Tanzania have maintained a long-standing partnership, including the introduction of 5G services in Tanzania in 2022 and continued modernisation and expansion of the operator’s 4G network. The latest deployment further reinforces their collaboration and commitment to advancing high-performing mobile connectivity in Africa.

Uganda approves Starlink operations after signing licensing agreement to boost internet access and digital transformation. (Image source: Ministry of ICT & National Guidence)

Satellite

Starlink has received official approval to commence operations in Uganda after signing a Memorandum of Understanding and operational licensing agreement with the Uganda Communications Commission (UCC) at State House in Entebbe on 15 May 2026

The agreement represents a significant development in Uganda’s efforts to improve internet accessibility and accelerate national digital transformation initiatives.

Ugandan president Yoweri Museveni attended the signing ceremony and acknowledged Starlink’s commitment to operating within Uganda’s legal and regulatory requirements. “Our interest is security, revenue assurance, and proper accountability within the telecommunications sector so that we know who is operating and who the customers are,” president Museveni said.

He further expressed satisfaction with the company’s readiness to meet Uganda’s operational conditions ahead of launching services in the country.

Following the signing, the Uganda Communications Commission issued the necessary operational certification required for Starlink’s deployment within the country. Under the licensing terms, the company must establish a national gateway, maintain a physical presence in Uganda and operate a local office staffed with technical and legal personnel.

The rollout is expected to enhance internet access across the country, particularly in rural and underserved regions where connectivity challenges remain significant.

Speaking at the ceremony, Ryan Goodnight described the agreement as an important development for both Uganda and Starlink.

“It is a great honor to be here in this beautiful country. We are incredibly excited that we are forging this cooperation and bringing this network here,” he said.

He added that Starlink intends to support wider digital participation by reducing internet costs and expanding access to reliable connectivity services.

Goodnight also announced plans for the company to support sectors including healthcare and education through the donation of internet connectivity devices to selected facilities across Uganda.

Uganda’s Ministry of ICT and National Guidance welcomed the partnership, noting that it could strengthen innovation, improve digital inclusion and create new opportunities across sectors such as business, education, healthcare and communications.

The introduction of Starlink services is expected to play a key role in Uganda’s broader digital transformation agenda by expanding connectivity access nationwide.

Yas, owned by AXIAN Telecom, advanced eleven places in the Financial Times Africa’s Fastest-Growing Companies 2026 ranking.

Commerce

Yas, owned by AXIAN Telecom, has strengthened its position among Africa’s fastest-growing companies after securing the 63rd spot in the Financial Times Africa’s Fastest-Growing Companies 2026 ranking, compiled in partnership with Statista

The latest result represents an improvement of eleven places from the company’s debut ranking of 74th in 2025. Now in its fifth edition, the FT-Statista ranking evaluates 130 African companies based on compound annual revenue growth recorded between 2021 and 2024. Revenue submissions are certified at executive level, providing a stringent benchmark of high-growth businesses across the continent.

Hassan Jaber, CEO of AXIAN Telecom, said, “This ranking reflects the momentum we have built across every part of our business. Strong financial results, a successful bond issuance, the launch of Yas as a unified pan-African brand, and our continued investment in networks and digital infrastructure, which are not isolated achievements. They are expressions of a single, coherent strategy: to build the connectivity and digital services that Africa needs, and to do so with the discipline and ambition this continent deserves.”

The company reported strong financial performance for the 2025 financial year, achieving revenue of US$1.691bn, representing year-on-year growth of 20%. Yas currently serves 43.8 million subscribers across 11 African markets, reflecting increasing demand for digital services and connectivity throughout the continent.

In July 2025, the company also completed a successful US$600mn bond issuance after receiving a credit rating upgrade to B+.

Alongside its financial growth, Yas has also gained international recognition for its brand positioning. Following the rollout of its unified pan-African identity across mobile operations in Madagascar, Tanzania, Togo, Senegal and Comoros, the company entered the Brand Finance Telecoms 150 2026 ranking for the first time.

The brand was ranked among the world’s top 20 strongest telecom brands and was additionally recognised as a ‘Brand to Watch’ for 2026.

 
 

International Power Control Systems (IPCS) has been named as a distribution partner in Malawi by Vertiv, a specialist in critical digital infrastructure

Power

International Power Control Systems (IPCS) has been named as a distribution partner in Malawi by Vertiv, a specialist in critical digital infrastructure

The new agreement marks a major step in expanding Vertiv’s reach in the Malawian market, leveraging IPCS’s established experience in power control and alternative energy solutions.

“This collaboration will enhance IPCS’s product portfolio, reinforcing our position as a trusted leader in the Malawian market,” said Rumbidzai Bere, business development and marketing director at IPCS.

“The combination of IPCS’s experience in power control and renewable energy and Vertiv’s innovative solutions, such as lithium-ion compatible UPS systems and IT infrastructure products, will bring a new layer of reliability and efficiency to organisations in Malawi, enabling them to equip their critical infrastructure with the resilient, scalable infrastructure needed to support them over time.”

The agreement includes the distribution of Vertiv's comprehensive critical digital infrastructure portfolio, including single-phase and three-phase AC power solutions, surge protection, integrated racks and cabinets and IT infrastructure management solutions, to support the growing demands for computing and AI infrastructure in the region.

The Malawi government’s National Compact for Energy sets out the country’s vision and commitment to increasing access to electricity and alternative energy by 2030, with the aim of providing electricity to 70% of the population.

“Our collaboration with IPCS is a step toward reinforcing Vertiv’s local footprint and a strategic move to align with a well-established, respected partner,” said Gary Chomse, Vertiv’s regional director for central and southern Africa.

“This is proof of our presence, commitment and investment in the Malawian power control, data centre infrastructure, and alternative energy sectors.

“Through this partnership, Vertiv and IPCS are committed to contributing to Malawi’s technological evolution, providing businesses with the power and infrastructure solutions needed to support the country’s digital future.”

IPCS, a wholly Malawian-owned company, has built its reputation as a leader in power solutions since its foundation in 1998.

With a strong track record in supplying, installing and maintaining critical power infrastructure, including uninterruptible power supplies (UPS), data centre solutions, automatic voltage regulators, surge protectors, and alternative energy systems, IPCS is well-positioned to supply, install, and support Vertiv solutions in Malawi.

“This means that, as digital transformation accelerates and electrification efforts continue, there is immense potential for growth in the IT and power sectors,” added Bere.

“With Malawi’s youthful population, 80% of whom are under the age of 35, we also believe that the rise in IT skills, the use of AI and cybersecurity advancements will further drive demand for sophisticated data centre solutions.” 

Integrity360 acquires Redshift in South Africa, boosting cybersecurity services, expertise, and regional expansion

Security

Integrity360, continuing its global growth strategy and dedication to Africa, has acquired Redshift, a respected Johannesburg-based cybersecurity services firm. Financial details of the deal were not disclosed

This move follows Integrity360’s earlier regional investments, including the 2024 and early 2025 acquisitions of the Grove Group and Nclose.

The acquisition expands Integrity360’s South African presence to a team of over 230 employees serving clients across the continent. Its Johannesburg and Cape Town operations also function as key hubs for the group’s integrated global Security Operations Centre (SOC), delivering a full suite of managed services, including EDR (Endpoint Detection and Response), XDR (Extended Detection and Response), and MDR (Managed Detection and Response) solutions to both local and international clients.

Founded in 2015, Redshift has earned a strong reputation for excellence in cybersecurity testing and other specialized services, such as cybercrime investigations, anti-fraud advisory, scammer group takedowns, cyber intelligence, and managed services. Redshift adds approximately 50 customers, including leading South African finance, banking, and telecommunications organisations, and around 40 additional employees to the Integrity360 group.

Redshift will serve as a regional centre of excellence for cybersecurity testing and integrate closely with Integrity360’s existing advisory and managed services teams. Integrity360 plans to invest in expanding the business by leveraging the group’s extensive resources.

Redshift clients will gain access to Integrity360’s comprehensive cybersecurity portfolio, encompassing cyber risk and assurance, 24/7 incident response and forensics, infrastructure and technology services, PCI compliance, operational technology consulting, and a full range of managed services, including Managed SASE (Secure Access Service Edge), Managed CTEM (Continuous Threat Exposure Management), and advanced XDR/MDR solutions. Integrity360 has been recognised five times in Gartner market guides, most recently for Incident Response and Forensic services.

Ian Brown, executive chairman at Integrity360, said, “We are very excited to be welcoming Sean, Cailan and the entire Redshift team to Integrity360. The reputation and expertise they have developed since their formation in 2015 is highly impressive and we are looking forward to helping them provide an enhanced set of services to their customers and expanding further in the African market over the coming years.”

Sean Howell and Cailan Sacks, directors of Redshift, added, “This is a significant moment for us, and we could not be more delighted that Redshift is joining Integrity360 and continuing the growth and development of the business that was initially started by Sean a decade ago. Thanks to the support of our customers and employees, Redshift has grown enormously during that time, and having spent considerable time with Ian, and the wider Integrity360 leadership team, we are confident will continue to do so being part of the Integrity360 group. We are excited about the future for us as an organisation, for our people and in particular for what the enhanced group can provide our customers moving forward.”