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๐Ÿ“ฐ News10 March 2026ยท2 min readยท

Kenya parliament backs $1.5bn Safaricom stake sale to fund infrastructure

Source: techcabal
Kenya parliament backs $1.5bn Safaricom stake sale to fund infrastructure
Kenyan parliamentary committees have endorsed a proposed $1.5 billion sale of the government's Safaricom stake, arguing the proceeds should be directed toward large-scale infrastructure development. Lawmakers believe the transaction would help ease fiscal pressure while financing critical national projects. The move signals growing political appetite for monetising state assets to fund development priorities.
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