Safaricom PLC has reported its strongest performance. It has crossed the US $3 billion mark in total revenue for the year ended 31 March 2025. Group revenue grew 11.2 percent to KES 388.7 billion, while net income climbed 10.8 percent to KES 69.8 billion.
Key FY25 Highlights
KES 161.1 billion from M-PESA [+15.1 %] — now 44 % of Kenyan service revenue.
Mobile data up 16.5 % to KES 78.5 billion, fuelled by higher 4G usage.
Voice revenue edged up 1.8 % to KES 81.9 billion, defying global declines.
Ethiopia contributed ~10 % of group revenue; customers doubled to 8.8 million, with 2.4 million now using M-PESA.
KES 48.08 billion dividend declared [final 65 cents per share, on top of 55 cents interim].
Purpose-Led Impact
Over the past five years Safaricom has invested more than KES 18 billion in education, health, environment and economic-empowerment projects. It has touched 13 million lives. The company remains on track to reach net-zero carbon emissions by 2050. In addition to achieving 50:50 gender parity in senior management by 2025.
“These results lay the foundation for our vision to become Africa’s leading purpose-led technology company by 2030,” said CEO Dr Peter Ndegwa. “We’ll keep harnessing innovation for social good while shaping the digital future of Kenya, Ethiopia and beyond.”
Safaricom PLC connects more than 49 million customers across East Africa with 2G, 3G, 4G and 5G services and operates M-PESA, the continent’s largest fintech platform. Listed on the Nairobi Securities Exchange, the company supports an estimated 1.1 million jobs and generated an economic value of KES 562 billion in FY 24.
