Safaricom

Safaricom commits KES 114 million to 2026 Rhino Charge conservation drive

Safaricom commits KES 114 million to 2026 Rhino Charge conservation drive

4 min read

Safaricom Plc and the M-PESA Foundation have committed KES 114 million to support the 2026 Rhino Charge Challenge scheduled for Saturday, May 30, in Samburu, with the bulk of the funding earmarked for Rhino Ark Kenya Charitable Trust’s conservation work, according to a company press release issued in May 2026.

Safaricom said KES 94 million of the total will be channelled through the M-PESA Foundation to support Rhino Ark activities, including fencing and protection of Mount Elgon Forest (Suam Block) and restoration efforts in the Mau Forest Complex across Narok, Kericho and Bomet counties. The company said the support will also extend to the Mount Kenya Forest Rehabilitation and Protection Project in Tharaka Nithi County.

The remaining KES 20 million will be provided by Safaricom Plc to support participation by three entry cars and to provide connectivity during the event. Safaricom said KES 17 million of its allocation will support Car No. 44 led by Adil Khawaja, the EV Explorers team led by Richard Kiplagat, and the all-ladies team Zambarau Heels on the Wheel led by Agnes Mwangi. The balance of KES 3 million will be used for network connectivity during the competition.

Speaking during a cheque handover ceremony at Safaricom headquarters in Nairobi, Safaricom CEO Peter Ndegwa linked the sponsorship to the company’s sustainability priorities. “This year, we are proud to commit KES 114 million through the M-PESA Foundation and Safaricom. As a company, sustainability remains central to how we create long-term value for our customers, communities, and the environment. Our support for the Rhino Charge reflects our commitment to practical conservation efforts that protect Kenya’s natural heritage while driving innovation and resilience,” Mr Ndegwa said, according to the press release.

Safaricom said the connectivity support will include deployment of 5G at the event site to improve communications for participants and spectators.

Under the team support allocation, Safaricom said Car No. 44 will receive KES 15 million, while EV Explorers and Zambarau Heels on the Wheel will each receive KES 1 million.

The Rhino Charge is an annual off-road 4×4 competition that raises funds for Rhino Ark Kenya Charitable Trust, which focuses on conservation and protection of Kenya’s mountain ecosystems—often referred to as “water towers.” The event’s fundraising model has become a significant funding stream for conservation infrastructure, particularly electric fencing that aims to reduce human-wildlife conflict and protect key catchment areas.

Safaricom’s announcement comes as corporates continue to increase visibility around climate adaptation and water-tower protection, issues that have direct economic implications for Kenya’s agriculture, hydropower generation, and tourism value chains. Funding directed to fencing and rehabilitation can also influence local livelihoods by reducing crop losses and security risks associated with wildlife incursions, while enabling more predictable land use around protected areas.

Participants also framed the support as enabling greater competitiveness and representation. “As Team Zambarau, we are grateful for Safaricom’s support… This support not only empowers our team but also reinforces our shared mission of advancing conservation and protecting Kenya’s natural heritage through the Rhino Ark Kenya Charitable Trust,” said Elizabeth Wanjiku, a team member at Zambarau Heels on the Wheel, according to the statement.

Richard Kiplagat, team lead for EV Explorers, said the sponsorship will support the team’s second consecutive year in the competition. “As the only EV team in the competition, we are highly motivated not only to complete the challenge but also to emerge among the best, building on lessons from last year’s mechanical challenges as we champion the future of electric mobility and environmental conservation,” Mr Kiplagat said.

Safaricom cited Rhino Charge’s 2025 fundraising performance as a benchmark for the scale of giving the event attracts. According to the press release, the 2025 edition in Saimo Soi, Baringo County, raised KES 269.5 million. Safaricom said Adil Khawaja was the top fundraiser for the third consecutive year after raising KES 139.8 million, followed by Car No. 23 led by Peter Kinyua at KES 13.5 million and Car No. 63 led by Tim Carstens at KES 8.6 million.

Looking ahead to the 2026 event, Safaricom said the 37th edition is expected to attract 55 entries, including the 2025 overall winners Team Huzi (Car No. 33) and Team Zambarau. Separately, Rhino Ark Executive Director Christian Lambrechts said preparations were ongoing and projected higher participation. “This year’s preparations for the Rhino Charge Challenge are in full swing, and we expect a total of 65 entries to take part in the challenge and fundraising effort,” Mr Lambrechts said, according to the statement.

Safaricom and the M-PESA Foundation have committed KES 114 million to support the 2026 Rhino Charge Challenge set for May 30 in Samburu. The funding will go to Rhino Ark conservation projects—including fencing and forest restoration—alongside event connectivity and support for three competing teams.

Safaricom-backed Mohit Mediratta targets second PGK Equator Tour win in Thika

Safaricom-backed Mohit Mediratta targets second PGK Equator Tour win in Thika

3 min read

Sigona Golf Club’s Mohit Mediratta will seek to extend his early lead in the second edition of the PGK Equator Tour when the series moves to Thika Sports Club for its second leg running from Thursday, May 21 to Sunday, May 24, 2026, organisers said in a statement issued in Nairobi on May 21.

Mediratta, who is backed by Safaricom, enters the Thika event after winning the opening leg held in April at Vet Lab Sports Club, where his victory included a hole-in-one, according to the press release.

The tournament at the par-72 Thika Sports Club is expected to draw more than 50 professional golfers competing for overall honours as well as a corporate category title, the statement said.

The series matters for Kenya’s professional golf pipeline because, according to the organisers, the PGK Equator Tour acts as a competitive platform linked to international ambitions, including a pathway “on the road to the 2028 Olympic Games in Los Angeles.” The tour also serves as a pre-qualifier for Kenyan professionals targeting slots at the Magical Kenya Open, the country’s flagship international golf event.

Speaking during a training session ahead of the Thika leg, Mediratta said he expected tougher competition as he tries to defend his standing at the top of the leaderboard.

“I am keen to continue with the strong performance as we head to the second leg of the PGK Tour this week. The pressure is there, but I am looking forward to the challenge. As part of the corporate team supported by Safaricom, I am hopeful that we will retain the top corporate title,” Mediratta said.

Safaricom said other players under its backing who will be competing in Thika include Mutahi Kibugu, Samuel Njoroge and Matthew Wahome.

For Safaricom, the sponsorship links the listed telecommunications firm to a sports property that runs through the 2026/2027 season and reaches multiple venues, offering recurring brand exposure and stakeholder engagement opportunities across Kenya’s golf circuit. In the statement, Safaricom also outlined its business footprint, saying it serves 71.6 million customers across Kenya and Ethiopia and reported annual revenues of KES 400 billion as at March 2026. The company further stated that its total economic value was estimated at KES 1.1 trillion (US$8.5 billion) for the 12 months through March 2025.

The broader industry implication is that structured domestic tours can strengthen athlete development and deepen the sports events economy—supporting club venues, hospitality, logistics and related services in host towns such as Thika. A consistent calendar also provides playing opportunities for professionals who rely on competitive rounds to build form and ranking points ahead of higher-profile events.

According to the press release, the second edition of the PGK Equator Tour began in April 2026 and will run until February 2027, when the season will culminate in a grand finale. The Thika leg will be one of the key checkpoints in that schedule as players chase points, prize positions and qualification opportunities tied to the Magical Kenya Open pathway.

Sigona Golf Club’s Mohit Mediratta will headline the second leg of the PGK Equator Tour at Thika Sports Club from May 21 to May 24 after winning the opening event in April at Vet Lab Sports Club. Safaricom said the tour forms part of Kenya’s competitive pathway for professionals targeting the Magical Kenya Open and longer-term Olympic qualification.

PGK Equator Tour heads to Thika as Safaricom-backed Mohit Mediratta targets second-leg win

PGK Equator Tour heads to Thika as Safaricom-backed Mohit Mediratta targets second-leg win

3 min read

Sigona Golf Club’s Mohit Mediratta will headline the second leg of the PGK Equator Tour at Thika Sports Club from Thursday, May 21 to Sunday, May 24, after winning the opening leg in April at Vet Lab Sports Club, according to a statement issued in Nairobi on May 20, 2026.

Mediratta, who is backed by Safaricom, said he expects increased pressure at Thika’s par-72 course as other players target the top positions in the tour’s second edition, which runs from April 2026 to February 2027.

The tour stop in Thika is expected to attract more than 50 professional golfers competing for overall honours and the corporate category title, the statement said. Safaricom-backed players Mutahi Kibugu, Samuel Njoroge and Matthew Wahome are among those listed as contenders seeking to challenge Mediratta’s position on the leaderboard.

The tournament matters to Kenya’s sports and events economy because it provides competitive platforms that can help develop professional golf talent and sustain corporate sponsorship in local sport. The organisers say the PGK Equator Tour is part of the pathway to international competition and also serves as a pre-qualifier for Kenyan professional golfers seeking to play at the Magical Kenya Open.

In the statement, Mediratta linked his approach to the second leg to maintaining form after the first event, where he was the overall winner. “I am keen to continue with the strong performance as we head to the second leg of the PGK Tour this week. The pressure is there, but I am looking forward to the challenge. As part of the corporate team supported by Safaricom, I am hopeful that we will retain the top corporate title,” he said.

Safaricom’s continued sponsorship of golfers and related events places the listed telecommunications firm among corporates supporting Kenyan sport as part of broader brand and community engagement strategies. In an “About Safaricom” section included with the release, the company said it has more than 71.6 million customers across Kenya and Ethiopia and estimated its total economic value at KES 1.1 trillion (US$8.5 billion) for the 12 months through March 2025. The company also reported annual revenues of KES 400 billion as at March 2026.

Safaricom further said its M-PESA business generated KES 182.7 billion in revenue as at FY26 and that mobile money has contributed to financial inclusion in Kenya rising to 84.8% of the adult population in 2024 from 26.7% in 2006. Business News Kenya could not independently verify the figures; they were presented in the company’s statement.

For the local golf calendar, the tour’s schedule through February 2027 provides a multi-stop competitive series that can influence player rankings and visibility, while also strengthening host venues’ ability to attract spectators, sponsors and hospitality spending. The release said the PGK Equator Tour also plays “a key role on the road” to qualification for the 2028 Olympic Games in Los Angeles, underscoring the strategic importance of consistent domestic competition for Kenyan professionals.

The second edition of the tour began in April 2026 and is set to conclude with a grand finale in February 2027, the statement said. The Thika leg is the next test for leading players as they pursue points, prize placements and corporate category honours in the months ahead.

Sigona Golf Club’s Mohit Mediratta will lead a Safaricom-backed contingent into the second leg of the PGK Equator Tour at Thika Sports Club from May 21 to 24. Organisers say the tour feeds into Kenya’s elite golf pipeline, including qualification pathways to the Magical Kenya Open and the 2028 Los Angeles Olympic Games.

Safaricom says M-PESA Kadogo drives 58% of transactions as free micro-payments rise

Safaricom says M-PESA Kadogo drives 58% of transactions as free micro-payments rise

3 min read

Safaricom Plc said its M-PESA Kadogo initiative—under which selected low-value transfers and payments are free—processed 17.1 billion zero-rated transactions in the 2025/2026 financial year, representing 58% of all activity on the mobile money platform. The company disclosed the figures following the announcement of its 2025/2026 financial results on May 7.

Under M-PESA Kadogo, person-to-person transfers of KES 100 and below and merchant payments of KES 200 and below are zero-rated, Safaricom said. The free transactions also include cash deposits at M-PESA agent outlets and airtime purchases through M-PESA, according to the company’s statement.

The latest disclosure provides a window into how Kenya’s biggest payments rail is increasingly being used for small, frequent transactions—an area that influences merchant acceptance, customer stickiness and the broader pace of digitising day-to-day commerce.

Safaricom said the decision to remove certain charges was initially made in the wake of the COVID-19 period, when charges on bank-to-M-PESA and transfers below KES 1,000 had been removed. “For the company, the effect of the removal of charges was a tripling in the number of transactions between 2020 and 2026,” Safaricom said.

Overall, Safaricom reported that M-PESA processed 46.4 billion transactions worth KES 41.7 trillion in the last financial year. The company said the volume and value of transactions underscore M-PESA’s central role in Kenya’s digital economy.

“With M-PESA Kadogo, our purpose is to make digital payments affordable for small-scale daily purchases and deepen financial inclusion. The removal of transaction fees has reduced friction and accelerated the usage of M-PESA across the country,” said Peter Ndegwa, Safaricom CEO.

Safaricom said mobile financial services revenue rose 13.4% to KES 182.7 billion, attributing the performance to “strong double-digit growth across consumer payments, business payments and global payments.” Consumer payments were the largest contributor at KES 74.5 billion, followed by business payments at KES 56.7 billion, according to the company.

The company also highlighted growth in Pochi la Biashara, a product it positions for small traders and informal businesses. Safaricom said the customer base increased from 600,000 users in the 2024 financial year to 1.1 million the following year, before doubling to 2.2 million in the last financial year. Revenue from the product rose from KES 800 million in 2024 to KES 2.2 billion the following year, reaching KES 4 billion in the last financial year, Safaricom reported. The company added that Pochi la Biashara customers can invest overnight balances in Ziidi MMF.

For Kenya’s payments market, the scale of zero-rated micro-transactions points to intensifying competition around affordability and everyday merchant payments, particularly for low-income users and micro and small enterprises. The growth in Pochi la Biashara, alongside the continued expansion of Lipa na M-PESA usage at lower ticket sizes, also signals rising demand for tools that separate personal and business funds and provide basic value-added services such as short-term investment.

Looking ahead, Safaricom’s disclosures suggest that transaction volumes may continue shifting toward higher-frequency, lower-value payments as pricing and product design push for deeper usage in daily commerce. The company is expected to provide further detail on M-PESA’s segment performance and product roll-outs in subsequent investor updates tied to the 2025/2026 results.

Safaricom says its M-PESA Kadogo zero-rated micro-transactions accounted for 58% of all M-PESA activity in the 2025/2026 financial year, helping push transaction volumes higher. The company reported 46.4 billion M-PESA transactions worth KES 41.7 trillion and a 13.4% rise in mobile financial services revenue to KES 182.7 billion.

Safaricom and M-PESA Foundation launch Capture the Good photography and videography challenge

Safaricom and M-PESA Foundation launch Capture the Good photography and videography challenge

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Safaricom, through its foundations, has launched “Capture the Good”, a national photography and videography challenge that will invite creators to document community projects in education, health, economic empowerment and environmental conservation, the company said on May 12, 2026 in Nairobi.

According to the press release, entries are open at https://capturethegood.safaricom.co.ke/ until May 30, 2026. Participants will select from 250 projects, visit project sites and produce visual stories showing the projects’ impact. The initiative is being run in partnership with the Photographers Association of Kenya (PAK) and the Photojournalists Association of Kenya (PJAK), with Vivo named as the mobile photography partner.

The programme outlines a multi-stage judging process. Safaricom said submitted work will be reviewed by a judging panel, which will select 90 regional winners for a masterclass. After refinement and resubmission, a second judging round will produce 18 national winners whose work will appear on the Capture the Good website.

Safaricom Group Chief Executive Officer Peter Ndegwa said the company was seeking to use creators’ perspectives to document community change. “We live in a visual world, often enhanced by a photo or a video, building believability, relatability and connections, while allowing the rest of society to live through these stories. These platforms enable us to share stories of transformation, while humanizing the spaces where we serve our communities. We rea now looking to see these stories of impact through their lens,” Ndegwa said.

Safaricom said the challenge will also include public voting. It stated that three winners in each category will be awarded photographer and videographer of the year prizes, with cash awards of KES 1 million for first place, KES 750,000 for second place and KES 500,000 for third place. The press release added that total rewards will amount to KES 20.4 million, including cash prizes, airtime, vouchers and merchandise, alongside data offers intended to support submissions.

The competition is scheduled to run until August 14, 2026, when Safaricom said it plans to crown winners and stage an exhibition of selected works.

The launch also included an education infrastructure announcement. Safaricom said the M-PESA Foundation broke ground for an ICT laboratory at Kisumu Boys’ High School valued at KES 12.5 million, which it said would support learning and innovation for more than 1,800 learners.

For Kenya’s creative economy, the challenge is likely to intensify competition around documentary-style content tied to development programmes and corporate social investment, while strengthening links between creators and institutional funders. The involvement of PAK and PJAK also suggests an emphasis on technical standards and journalistic approaches as creators seek to translate field visits into publishable photo and video narratives.

Next milestones include the May 30, 2026 submission deadline, the regional shortlisting and masterclasses, followed by final judging and public voting ahead of the planned August 14, 2026 awards and exhibition, according to Safaricom.

Safaricom, through its foundations, has launched the “Capture the Good” photography and videography challenge, inviting Kenyan creators to document community projects in education, health, economic empowerment and environmental conservation. Entries are open until May 30, 2026, with winners to be announced at an exhibition planned for August 14, 2026.

Safaricom launches Chapa Dimba Season 5 with Gothia Cup pathway and tertiary scholarships

Safaricom launches Chapa Dimba Season 5 with Gothia Cup pathway and tertiary scholarships

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Safaricom PLC (NSE: SCOM) has launched Season 5 of its Chapa Dimba youth football tournament in Kisumu, rolling out new pathways that include international competition exposure, tertiary scholarships and expanded technology-enabled scouting for grassroots players.

The company said the fifth season, launched at Jomo Kenyatta Stadium in Mamboleo, Kisumu, will feature an All-Star team of 32 players selected from the tournament to represent Kenya at the Gothia Cup in Sweden. Safaricom described the Gothia Cup as the world’s largest youth football tournament and said the move replaces the international bootcamps used in previous editions.

The tournament will also provide tertiary scholarships to 150 outstanding players through the Safaricom Citizens of the Future programme, according to the press release.

Safaricom said it has adjusted the tournament’s eligibility age bracket to 15–18 years from 16–20 years in previous seasons, stating that the change is intended to support earlier talent identification and placement into professional football structures in Kenya and abroad.

“We are intentionally building pathways that combine sports, education, and technology to empower the next generation. Our goal is not just to develop footballers, but to nurture well-rounded young people who can positively transform their communities and the country,” said Peter Ndegwa, Group CEO, Safaricom PLC.

On player assessment, Safaricom said it will expand the use of technology for scouting and performance analysis. After introducing AI-powered GPS vests in the previous season, the company said it will now deploy VeO Cameras and MyScout AI devices beginning at county level. Safaricom said the tools will enable data-driven scouting by tracking metrics such as movement, positioning, intensity and sprint performance, and will support the creation of digital player profiles accessible to clubs and scouts.

“This season, we are taking technology deeper into grassroots football because we believe no talent should go unnoticed. Through data and digital player profiling, we are creating more structured pathways for young players to access opportunities locally and globally,” Ndegwa said.

Safaricom said Season 5 will be held across eight regions and organised in five stages: ward level, county level, inter-county level, regional level and national finals. Registration is open for both boys’ and girls’ teams via the Chapa Dimba website, the company said.

National winners in both boys’ and girls’ categories will each receive KES 1 million, Safaricom said, adding that county and regional prizes and individual awards—including Most Valuable Player, Top Scorer and Best Goalkeeper—will also be issued.

The tournament is run in partnership with the Football Kenya Federation (FKF), Safaricom said in its notes to editors. The company positions the programme as part of its wider youth empowerment agenda, implemented alongside initiatives including the Safaricom Foundation, M-PESA Foundation and Citizens of the Future programme.

For Kenya’s sports and business ecosystem, the latest changes signal a tighter link between corporate sponsorship, education outcomes and measurable talent pipelines. Expanded scouting tools at county level could also increase the visibility of players outside traditional urban centres, while the Gothia Cup pathway provides a defined international platform for elite youth talent.

Safaricom said Chapa Dimba, launched in 2017, has produced players who have progressed into local and international football, including Benson Omalla, Bryton Otieno, Austine Odongo, Derrick Oketch, Jentrix Shikangwa, Marion Serenge and Mercy Akoth, among others. The company also said some former participants have represented Kenya at international competitions, including the FIFA U-17 Women’s World Cup.

Next, the tournament will proceed through its ward-to-national structure, with the All-Star selection and scholarship beneficiaries expected to emerge from the season’s scouting and performance assessments, Safaricom said.

Safaricom has launched Season 5 of its Chapa Dimba youth football tournament in Kisumu, introducing an All-Star team pathway to Sweden’s Gothia Cup and tertiary scholarships for 150 players. The company said it will also expand technology-led scouting from county level as it lowers the age bracket to 15–18 years.

Safaricom posts KES 414.1 billion service revenue and KES 100 billion net income in FY26

Safaricom posts KES 414.1 billion service revenue and KES 100 billion net income in FY26

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Safaricom PLC (NSE: SCOM) on Thursday announced financial results for the year ended March 31, 2026, reporting Group service revenue of KES 414.1 billion and net income of KES 100 billion, as it maintained growth in Kenya while scaling its Ethiopia operations.

In a press release dated May 7, 2026, the telecoms and mobile money operator said it will pay a total dividend of KES 80.1 billion, equivalent to KES 2 per share, comprising an interim dividend of KES 0.85 per share and a proposed final dividend of KES 1.15 per share, subject to shareholder approval. Safaricom said the total dividend represents a 66.7% increase from the previous year.

The company said customer numbers across the Group reached 71.6 million during the period, reflecting operations in Kenya and Ethiopia.

Safaricom’s results matter for Kenya’s business landscape because the company is one of the Nairobi Securities Exchange’s most heavily traded counters and a major contributor to corporate tax receipts and household income through dividends. The operator is also a key channel for digital payments and credit through M-PESA, which underpins significant volumes of retail transactions and small business cashflows.

Peter Ndegwa, Group Chief Executive Officer, Safaricom PLC, said performance in Kenya helped offset headwinds in Ethiopia. “We delivered strong performance, with acceleration in the second half, surpassing Group guidance with outstanding Kenya performance offsetting the impact of currency reforms and the timing of market repair actions in Ethiopia,” Ndegwa said.

In Kenya, Safaricom said service revenue grew by 10% to KES 400.8 billion, while earnings before interest and tax (EBIT) rose 15.3% to KES 182.3 billion.

Adil Khawaja, Chairman, Safaricom PLC, said the Group maintained profitability while continuing investment in Ethiopia. “We have sustained strong growth in service revenue, driven by double digit growth in Kenya and accelerated growth in Ethiopia, while maintaining profitability despite continued investment in Ethiopia,” Khawaja said. He added that the company was “beginning to see the benefits of scale in Ethiopia, with improving commercial momentum and narrowing start up costs.”

Safaricom said Ethiopia contributed 12.5% of the Group’s service revenue growth during the year. The company reported that subscriber numbers in Ethiopia rose to 13.6 million, with network coverage reaching 60% of the population supported by 3,504 sites. Safaricom also reported that service revenue in Ethiopia grew 86.6% to KES 14.1 billion.

Mobile data revenue rose 18.3% to KES 92.9 billion, while M-PESA revenue increased 13.4% to KES 182.7 billion, according to the company. Safaricom said M-PESA in Kenya had 41 million active customers during the year under review.

The performance underscores continued consumer demand for mobile broadband and the centrality of mobile money to Kenya’s payments ecosystem. For investors, the announced dividend implies sustained cash generation, although the final payout remains subject to approval. For the wider market, Safaricom’s Ethiopia trajectory remains a key variable in the Group’s medium-term profitability as the operator balances capital expenditure, regulatory changes and currency considerations in the new market.

Dilip Pal, Group Chief Finance and Innovation Officer, Safaricom PLC, said the company will continue investing in capacity and systems while moving into the next year of its strategy. “We continue to invest in our network and IT systems to support capacity upgrades and user experience. Ethiopia's performance shows reduced losses relative to the previous period, greatly boosting Group performance,” Pal said.

Safaricom said it would move into the second year of its Vision 2030 strategy, with the proposed final dividend expected to be tabled for shareholder approval in line with company and regulatory requirements.

Safaricom PLC says Group service revenue rose 11.5% to KES 414.1 billion for the year ended March 31, 2026, while net income increased to KES 100 billion. The company also announced a total dividend of KES 80.1 billion, subject to shareholder approval for the final payout.

Leaders call for seamless connectivity and policy harmonisation at 15th Connected Africa Summit

Leaders call for seamless connectivity and policy harmonisation at 15th Connected Africa Summit

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Industry leaders, policymakers and technology stakeholders meeting at the 15th annual Connected Africa Summit in Nairobi have called for the removal of structural and regulatory frictions to unlock seamless connectivity across Africa, according to a statement issued on Tuesday.

The summit is being held at the Edge Convention Centre and is positioned as a forum for advancing Africa’s digital transformation agenda, with speakers arguing that progress will depend on stronger cross-border policy alignment and collaboration among governments and the private sector.

In remarks during a panel discussion, Safaricom CEO Peter Ndegwa said deeper cooperation between the public and private sectors is necessary to scale connectivity and digitise services across the continent.

“To unlock Africa's full potential, we must deepen collaboration between governments and the private sector. By working together, we can create enabling policies, invest in the right infrastructure and accelerate public sector digitisation in a way that is inclusive, scalable and impactful for millions of Africans,” Ndegwa said.

The call comes as East African economies accelerate investment in digital infrastructure and online public services, while grappling with fragmented regulations across borders that can raise the cost of rolling out regional platforms and services. Kenya, as a regional technology and financial services hub, has been central to these discussions, particularly around payments interoperability, data governance, licensing, and spectrum policy.

Safaricom said it used the summit to showcase capabilities of its “converged services” model, which brings together its Enterprise Business, Financial Services, Public Sector Digitisation & Transformation (PSDT), and Technology teams. The company said the structure is intended to support government-facing digital solutions that can be deployed at scale.

Deputy President of the Republic of Kenya Prof. Kithure Kindiki also urged greater use of public-private partnerships, adding that citizen participation should be part of digital transformation efforts.

“The public sector does not have a monopoly on resources. In order to achieve inclusion in the digital market, we must collaborate with the private sector and the citizens themselves,” Kindiki said.

For Kenya’s business landscape, the summit’s focus on harmonised policy and seamless connectivity has implications for telecoms, fintech, logistics, and cross-border trade, where consistent rules can lower compliance burdens and enable firms to expand digital services across multiple markets. Industry executives have repeatedly argued that uneven regulation can slow investment decisions and delay deployment of shared infrastructure.

Safaricom, which is listed on the Nairobi Securities Exchange, said it serves more than 60 million customers across Kenya and Ethiopia. The company reported that its total economic value was estimated at KES 1.1 trillion (US$8.5 billion) for the 12 months to March 2025, and that annual revenues were close to KES 388 billion as at March 2025.

The operator also cited M-PESA’s role in financial inclusion, saying the mobile money platform helped lift financial inclusion in Kenya to 84.8% in 2024 from 26.7% in 2006, and generated more than KES 161 billion in revenue in FY25.

Safaricom said the summit continues into its third day on Wednesday, with speakers expected to push for renewed commitment and coordinated action on connectivity, policy alignment and a shared vision for Africa’s digital future.

Industry leaders and policymakers meeting at the 15th Connected Africa Summit in Nairobi have called for the removal of regulatory and structural barriers to enable seamless connectivity across Africa. Safaricom CEO Peter Ndegwa and Kenya’s Deputy President Prof. Kithure Kindiki urged closer public-private collaboration as the summit continues into its third day.

Connected Africa Summit leaders urge policy harmonisation to unlock seamless connectivity

Connected Africa Summit leaders urge policy harmonisation to unlock seamless connectivity

3 min read

Policymakers and technology industry leaders on Monday convened in Nairobi for the 15th annual Connected Africa Summit and called for the removal of structural and regulatory frictions to enable seamless connectivity across Africa.

According to a statement issued from the summit at the Edge Convention Centre on April 28, 2026, participants said Africa’s push toward a unified digital market will require greater policy alignment and collaboration among governments, regulators and private-sector players.

The summit discussions framed connectivity as a prerequisite for digital public services, private innovation and cross-border trade. Speakers cited Africa’s youthful population, growing digital adoption and expanding infrastructure as foundations, but said fragmentation in rules and implementation continues to slow progress.

Safaricom Plc’s Group Chief Executive Officer Peter Ndegwa used a panel session to argue that governments and the private sector must coordinate more closely on infrastructure and digitisation priorities.

“To unlock Africa's full potential, we must deepen collaboration between governments and the private sector. By working together, we can create enabling policies, invest in the right infrastructure and accelerate public sector digitisation in a way that is inclusive, scalable and impactful for millions of Africans,” Mr Ndegwa said.

Safaricom said it used the summit to showcase what it described as the digital capabilities of its “converged services” model, bringing together its enterprise unit, financial services, public sector digitisation and transformation team and technology functions. The company said the approach is meant to support governments with what it termed secure and scalable digital solutions.

Kenya’s Deputy President Prof. Kithure Kindiki also called for public-private partnerships and greater citizen involvement in digital transformation programmes.

“The public sector does not have a monopoly on resources. In order to achieve inclusion in the digital market, we must collaborate with the private sector and the citizens themselves,” Prof. Kindiki said.

The summit’s focus on harmonisation matters for Kenya’s business environment because local telecoms, fintechs and enterprise technology firms increasingly build products that must operate across multiple jurisdictions, each with different licensing, data protection, spectrum and consumer rules. Regulatory alignment can lower compliance costs and reduce friction for services such as mobile money, cross-border payments, digital identity and e-government platforms.

For listed firms such as Safaricom, policy direction around public sector digitisation and regional interoperability can influence future investment decisions and growth opportunities in enterprise services and fintech. In its statement, Safaricom said it serves more than 60 million customers across Kenya and Ethiopia and estimated its total economic value at KES 1.1 trillion (US$8.5 billion) for the 12 months through March 2025. The company also reported annual revenues of close to KES 388 billion as at March 2025 and said its networks cover more than 99% of Kenya’s population.

Safaricom further reported that M-PESA generated over KES 161 billion in revenue in FY25 and that financial inclusion in Kenya reached 84.8% in 2024, up from 26.7% in 2006, attributing the shift to mobile money adoption.

The summit is set to continue into a third day on April 29, 2026, with organisers and participants calling for renewed commitments and coordinated action. The discussions are expected to continue centring on policy alignment, infrastructure investment and governance frameworks intended to support Africa’s digital market ambitions.

Policymakers and technology industry leaders meeting in Nairobi for the 15th Connected Africa Summit have called for the removal of regulatory and structural barriers to improve cross-border connectivity. Safaricom CEO Peter Ndegwa and Kenya’s Deputy President Kithure Kindiki urged closer public-private collaboration to accelerate public sector digitisation and inclusion.

Safaricom-backed Mohit Mediratta wins opening leg of PGK Equator Tour at Vetlab

Safaricom-backed Mohit Mediratta wins opening leg of PGK Equator Tour at Vetlab

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Mohit Mediratta, a professional golfer sponsored by Safaricom, won the opening leg of the PGK Equator Tour Second Edition at Vetlab Sports Club in Nairobi, organisers said on April 27, 2026. Mediratta finished on 284 (four under par) and sealed the title with a hole-in-one during the four-day tournament.

According to the press release, Mediratta topped what was described as a “tightly contested corporate leaderboard,” finishing three shots clear of the nearest challengers. Fellow Safaricom-backed golfers Mutahi Kibugu and Samuel Chege finished joint second on 287, alongside Jastas Madoya, who also posted 287.

The PGK Equator Tour is a multi-leg series staged across Kenyan golf courses and supported by corporate sponsors. The organisers said the tour will feature 11 courses countrywide this year, with the second leg scheduled for Thika Sports Club following the Vetlab event.

Mediratta said the win was a confidence boost ahead of the remaining legs. “I am excited to have won the first leg. The hole-in-one came as a complete surprise, it’s a rare moment for any golfer, and I am truly happy about it. The course was quite challenging and the competition was tight, but I managed to stay focused,” Mediratta said in the statement.

He added that the time between events had helped his preparation for the tour. “The break has given me valuable time to practice and prepare, and I am hopeful for a strong rest of the season as I aim to finish top together with my team. This win gives me great confidence, and I am really looking forward to the next legs. I hope to maintain this form throughout the season,” he said.

Rounding out the top 10 were Greg Snow and C.J. Wangai on 289; Robinson Owiti and debutant John Lejirma on 290; Dismas Indiza on 291; and Njoroge Kibugu, Daniel Nduva and David Wakhu on 292, according to the organisers.

The tournament attracted 52 of Kenya’s top professionals, including six debutants, while three women participated after transitioning from the amateur ranks, the press release said. The organisers positioned the series as part of a wider effort to deepen the competitive calendar for local professionals and increase exposure to higher-level tournament conditions.

For Kenya’s sports business and sponsorship market, the tour highlights how large corporates are continuing to finance domestic sporting properties as brand platforms and as talent-development pipelines. The organisers said the tour is backed by several sponsors, including Safaricom, NCBA, Betika, Kenya Airways, Visa, Britam and Johnnie Walker.

The press release linked the tour’s competitive pathway to larger events, saying it is intended to help prepare Kenyan players for international competitions such as the Magical Kenya Open and the 2028 Olympic Games in Los Angeles. With the first leg completed, attention turns to how standings points from successive legs will shape the “road to the Magical Kenya Open qualification,” as described by the organisers.

The next milestone for players will be the second leg at Thika Sports Club, where early leaders will seek to consolidate their positions while challengers attempt to close the points gap.

Mohit Mediratta won the opening leg of the second edition of the PGK Equator Tour at Vetlab Sports Club in Nairobi after finishing four under par. The corporate-backed series moves next to Thika Sports Club as players chase standings points linked to qualification for the Magical Kenya Open.