Ethiopia plots own social network to replace global offerings

Government allows mobile wallet to be incorporated.

Digital payments now flourishing under the auspices of mobile money connectivity to finance institutions.

Company says it has reached six million customers with mobile money service.

Anwar Soussa appointed Managing Director.

Ethio Telecom and Ericsson started deployment of the Ericsson Radio System for 4G expansion in the South West region of Ethiopia at the beginning of June 2021.

Move is considered to be a bid by authorities to make the company more competitive.

Organisation pledges support for country’s Digital Ethiopia 2025 Strategy.

Kenya’s President urges authorities to allow foreign service providers to bolster local market competition.

Group President and CEO emphasises absence of reference to Mobile Money in agreement conditions.

Mobile receipts of remittances are gaining traction as markets continue to be impacted digitally by COVID-19, say experts.

Safaricom CEO details development during media conference.

Company looks to help digitally transform region, confident of a return on investment.