Safaricom Revenue Hits KES 182.7 Billion as Ethiopia Growth Fuels Strong FY26 PerformanceKenya’ s leading telecommunications firm, Safaric om PLC
Story : By Bruno Aero Staff Writer and Bussiness Financial Journal Family Media, 13 Hrs 7/5/2026 Safaricom Plc CEO Peter Ndegwa and his Ethiopian counter part in the briefing held at Michael Joseph Center Safaricom Plc has posted strong financial results for the 2025/2026 financial year, driven by robust growth in mobile data, M-PESA services, and the rapid expansion of its Ethiopia operations. The company recorded a total of KES 182.7 billion in M-PESA revenue during the year under review, underlining the continued dominance of the mobile money platform in the region’s digital financial ecosystem. Group service revenue grew by 11.5 percent to KES 414.1 billion, supported by increased customer demand for digital connectivity and financial services. Mobile data revenue also registered significant growth, rising by 18.3 percent to KES 92.9 billion as more consumers embraced internet-based services and smartphone usage. Safaricom’s expansion into Ethiopia continued to s...
