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Safaricom

Safaricom House, Waiyaki Way, Westlands, Nairobi, Nairobi Area, 00800, Kenya

Overview

British International Investment (CDC Group at the time of this investment) provides capital directly and indirectly to projects in priority sectors that facilitate development and contribute to the Sustainable Development Goals. The organisation deploys direct equity, direct debt, guarantees and other financial instruments, and invests indirectly via funds. Its investments include projects in Communications & IT services; this particular investment (project D3778) is active and was committed in May 2021. The commitment for this project was $213.5m in equity and the project record was last updated in June 2024. BII publishes expected impact outcomes for investments, such as improvements in access to mobile services, job creation, SME productivity gains and broader social inclusion by 2032. BII operates a Reporting and Complaints Mechanism (reportsandcomplaints@bii.co.uk) and a general enquiries contact (enquiries@bii.co.uk).

Total raised
$214M
Funding rounds
1
Latest round
Equity
Latest activity
May 2021

Industries

  • Mobile
  • Optical Communication
  • Telecommunications
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Recent funding

  1. Equity

    May 2021

    $214M

Team

  • Anwar Soussa

    Chief Executive Officer

    LinkedIn
  • George Njuguna

    Director and CIO

    LinkedIn
  • Stephen Kiptinness

    Chief Corporate Affairs Office

    LinkedIn
  • Eve Kilel

    Cyber Security Analyst

    LinkedIn