EXCLUSIVE: Opportunity within Ethiopia’s nascent Fintech and mobile payments industries

Nigerian mobile payments and financial services company Paga is competing for greater market share and company’s CEO explains why.
Tawanda Karombo

Ukheshe, AWS team up to help African Fintechs scale quickly

Fintech firm uses its affiliation to AWS Partner Network to engage markets that demand fast and secure transactions.
Apr 19, 2022

Ethiopia: telco rivals agree to tower power share deal

Safaricom and Ethio Telecom have concluded interconnection and capacity lease agreements.

Safaricom gains early traction in Ethiopia with strategic fibre optic deal

Latest entrant into East African country’s telecommunications industry pens agreement with state-owned Ethiopian Electric Power.

Safaricom Telecommunications Ethiopia expected to invest US$8bn over next decade

Safaricom-led consortium is in negotiations with Ethio Telecom and country’s industry regulator regarding infrastructure sharing.
Mar 2, 2022

Fintech firm Paga deepens investment in Ethiopia

Emerging African payments and financial services ecosystem permitted to operate a payment gateway.
Feb 8, 2022

Ethiopia vows it won’t renege on mobile financial services deal

Safaricom unsure of developments after the country’s industry regulator suspended the tender process for the second telco licence in December 2021.
Nov 10, 2021

Safaricom upbeat over Ethiopia despite conflict

Company announces investment target of between US$1.5bn and US$2bn.
Nov 5, 2021

Ethiopia’s telecommunications hit hard by conflict

Government criticised for its handling of the crisis, with potential investors delaying commitments.
Oct 15, 2021

Ethiopia, Nigeria ripe for datacentre development

Recent research reflects on growth opportunities opening up within emerging markets across Africa.
Sep 29, 2021

Ethiopia confirms January 2022 date for second telco licence

Industry regulator details plans, and bid applications are scheduled to close in December 2021.