APRIL 6 2020

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In a joint announcement made by Safaricom and Vodacom the two organisations Acquired the M-PESA brand , product development and support services from Vodafone as part of the two ’ s joint venture . The joint acquisition aimed to accelerate the growth of M-PESA in Africa , as well as develop opportunities to expand . “ For Safaricom , we ’ re excited that the management , support and development of the M-PESA platform has now been relocated to Kenya , where the journey to transform the world of mobile payments began 13 years ago . This new partnership with Vodacom will allow us to consolidate our platform development , synchronise more closely our product roadmaps , and improve our operational capabilities into a single , fully converged Centre of Excellence ,” commented Michael Joseph , outgoing Safaricom CEO , on the acquisition . businesschief . eu