World Bank’s IFC backs Safaricom Ethiopia with US$160m
Investment gives IFS a 15.5% stake in venture.
Michael Malakata
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Safaricom Ethiopia pilots customer network in Dire Dawa
Rollout is a pre-cursor to the company’s national network launch scheduled for October 2023.
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Ethiopia’s Dashen Bank partners IBM to cement digital capability
Bank implements IBM Cloud Pak for Integration on Red Hat OpenShift.
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Safaricom Ethiopia dragged onto social media for discrimination
Company meets with organisers of online protest over allegations of discriminatory recruitment practices.
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EU, US urge restoration of telecommunications in Tigray
Special envoy en route to Mekelle underline the importance of ICT to the war-torn region.
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Safaricom’s Michael Joseph redeployed to lead Ethiopia campaign
Joseph steps down as Board Chairperson and is replaced by John Ngumi.
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Safaricom Ethiopia to launch phased network rollout next month
Company tight-lipped on reasons for missing original launch date of April, but confirms it will be ready for August.
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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.
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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.
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Safaricom reports bumper results as data users increase, M-Pesa advances
Telco also says Ethiopia ambitions are moving ahead as planned.
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Ethiopia: telco rivals agree to tower power share deal
Safaricom and Ethio Telecom have concluded interconnection and capacity lease agreements.
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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.
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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.