Peter Ndegwa-led Safaricom Invests 777 Million In Kenyan Suppliers

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peter ndegwaled safaricom invests 777 million in kenyan suppliers

Safaricom, East Africas largest telecom operator, led by Kenyan tycoon Peter Ndegwa, has disclosed that it invested 777.6 million in local suppliers during the year ending March 2025, reinforcing its position as a key supporter of Kenyan enterprises and employment growth.

The spending, detailed in Safaricoms 2025 Sustainable Business Report , comes after the Nairobi Securities Exchange-listed firm wraps up its five-year transformation strategy, becoming the first company in the region to cross the 3 billion revenue threshold.

Safaricom expands local investment under Ndegwa Out of a total spend of Ksh137.84 billion 1.07 billion, Safaricom spent Ksh100.5 billion 777.63 million in Kenya. The companys activities, from infrastructure projects to its M-PESA agent network, are estimated to have supported more than 1.3 million direct and indirect jobs across the country.

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