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moves money TechAfrica News July 10, 2026

e& Agrees to Sell Entire Vodafone Stake to Niel Family Investment Vehicle

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Vodafone Group has announced that Emirates Telecommunications Group Company PJSC (e&) has agreed to sell its entire shareholding in the UK-based telecommunications company to Vega, an acquisition vehicle wholly owned by the Niel family group. The transaction marks the end of e&’s position as a major shareholder in Vodafone, following its investment in the company in 2022 and the subsequent relationship agreement signed between the two companies in May 2023. As a result of the transaction, Vodafo

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