
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
Recent funding
Equity
May 2021
$214M