Boon or Bane?

For Kenyan Fintech Startups, Safaricom Is Both A Blessing And A Curse

By  |  September 30, 2020

If the gist is about Africa’s top brands, then Safaricom is definitely part of the conversation. After all, the listed Kenyan mobile network operator is, in fact, the most valuable firm in East Africa and the 10th largest company in Africa by market cap.

But here’s the gist, though, Safaricom is no regular telco. If anything, it is more. And that “more” part is what makes things somewhat complicated, especially for a class of much smaller and obviously much less powerful companies in Kenya. 

Journalism is broken in Africa


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