M-Pesa, the East African mobile money service, is now fully owned by two of Africa’s largest telecoms companies. Kenya’s Safaricom and South Africa’s Vodacom have acquired the stake of UK telecoms operator Vodafone, a long-time stakeholder in the service since it was first launched in 2007 even though the service has been mostly associated with Kenya.
Wholly African has trouble keeping to the straight & narrow path all on it’s lonesome self…look at Barclays, now absa - them new African bonobo owners had to go to town with their new-found freedom, moonlighting with money laundering barely months into proprietorship.
Africa has been under the full ownership of Africans for decades now, How is that working out for you!? Unless wewe ni exec ama shareholder ni same old shit…