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StockMarket

Safaricom-$7-billion-market-value

Safaricom is the First Company in East Africa to Reach a Valuation of $7 Billion

Safaricom PLC achieves a historic $7 billion market value, with a 64% stock surge since October 2023, driven by growth in M-Pesa and Ethiopian operations, as the National Treasury plans to sell its 35% stake by June 2026.

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