- East African Community integration and regional cooperation
- The East African Community (EAC) countries are working towards the integration of their payment systems to enhance regional trade and economic cooperation.
- Digital payments are expanding across Kenya and Tanzania, supporting SME adoption and furthering regional integration efforts in East Africa.
Safaricom M-Pesa Revenue Hits Sh100 Billion Milestone
What happened
Safaricom's M-Pesa platform generated Sh100.1 billion in revenue during the six months ending September 2026, representing 13.6 per cent growth from the previous year. The company's net income increased 35.9 per cent to Sh58.2 billion. The platform processed 27.4 billion transactions, with its combined value rising 16.6 per cent to Sh23.6 trillion, supported by upgraded infrastructure capable of handling 6,000 transactions per second.
From the-star.co.ke
Why it matters
The growth highlights the increasing importance of financial technology to Safaricom Group's profitability. The expansion of M-Pesa beyond money transfers into merchant payments, credit, and investments demonstrates the platform's role in facilitating economic activity and financial inclusion in Kenya.
Digital payments are expanding across Kenya and Tanzania, supporting SME adoption and furthering regional integration efforts in East Africa.
From the-star.co.ke
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- World BankSpeculative
The World Bank may see an improved economic profile for Kenya for funding due to strong revenue growth and financial inclusion metrics.
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The entities involved
Related events
- Safaricom continues to operate within the market of Kenya.
- Safaricom aligned with Kenya's solar access program in April 2026.
- The Kenyan government is using the proceeds from the sale of a Safaricom stake to fund various infrastructure projects.
- Traders in Nigeria and Kenya are utilizing online platforms for their activities.
- DAW is expanding its operations across Africa, launching initiatives in Kenya and Abuja, and addressing trade challenges between Kenya and Namibia.