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South Africa telecoms giant Vodacom to take control of Kenya's Safaricom
South Africa telecoms giant Vodacom to take control of Kenya's Safaricom
Economy
by  AFP

South Africa's biggest mobile operator Vodacom said Thursday it had agreed to take control of East Africa's largest telecoms firm, Safaricom, in a deal worth $2.1 billion. Safaricom, one of East Africa's largest companies, was awarded a licence in 2021 to operate in Ethiopia, becoming the first private telecommunications provider in the tightly controlled nation of more than 110 million people.