Kenyan executive Peter Ndegwa-led Safaricom resumes talks with Starlink as competition heats up
This comes as Safaricom confronts an increasingly competitive environment in its home market, where it has historically maintained a stronghold.
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This comes as Safaricom confronts an increasingly competitive environment in its home market, where it has historically maintained a stronghold.
Ndegwa, the former chairman of Kenya’s Capital Markets Authority, owns 4.57 percent of the Nairobi-based financial services conglomerate.
Dubbed the ‘Starlink Mini,’ the kit, priced at Ksh27,000 ($210), is significantly cheaper than the existing Ksh45,500 ($354) standard package.
This initiative marks a significant step in the bank’s commitment to enhancing its workforce’s expertise in emerging technologies.
This follows a similar loan obtained last year, bringing the total to Ksh30 billion ($232.2 million).
The collaboration is set to accelerate the growth of digital payments, reinforcing Safaricom’s leadership in financial innovation across the region.
This clarification comes after a presidential adviser previously suggested that deals worth up to $1.3 billion had been finalized.
Acorn Holdings, led by Kenyan real estate magnate Edward Kirathe, expands student housing with new land acquisition in Eldoret.
The Kenya entry supports India's second-richest man, Gautam Adani's goal of modernizing airport infrastructure in the region.