Safaricom’s New Innovation Strategy: AI, Fintech, and the Future of Kenya’s Tech Ecosystem
- Safaricom is investing $500 million to transform into a tech leader by 2030.
- M-Pesa upgrades include AI-powered fraud detection with 89% accuracy and transaction speeds of up to 12,000 per second.
- The NBOX1 Nairobi Campus is established as the largest data center in Greater East Africa with a capacity of 22.5 MW.
Safaricom's strategic investment in AI and infrastructure not only positions the company as a leader in the tech space but also significantly contributes to the economic growth of Kenya. This approach could serve as a model for other companies in emerging markets looking to leverage technology for local development.
