Safaricom Ethiopia

Safaricom has formally launched operations in Ethiopia, signing up 200000 subscribers in weeks as the telco moves into the capital Addis Ababa following a ...

The third pilot began on September 7 in Oromia Region, starting in Haramaya City. [By OTIATO GUGUYU](/bd/corporate/companies/sbm-sale-revealed-in-court-amid-sh11bn-cbk-support-3976256)By OTIATO GUGUYU “We hit the 200,000 milestone two days ago and that was just a few towns.

The deal was brokered by President William Ruto and Ethiopia's Prime Minister Abiy Ahmed in Addis Ababa, Ethiopia. Regulatory approval now paves way for the ...

The event, which was held in Ethiopia's capital Addis Ababa, was attended by Safaricom Chief Executive Officer (CEO) Peter Ndegwa and his Ethiopian counterpart Anwar Soussa. Existing laws only allowed locally owned non-financial institutions to offer the services. The deal was brokered by President William Ruto and Ethiopia's Prime Minister Abiy Ahmed in Addis Ababa, Ethiopia.

Users in eleven Ethiopian cities including the capital, Addis Ababa and the country's second largest city Dire Dawa have received 2G, 3G and 4G signal on their ...

With these lessons and experiences, we look forward to positively impacting the people of Ethiopia with a sustainable and quality mobile network that will be a vital launch pad for nationwide digital telecommunications services to over 118 million Ethiopians,” said Peter Ndegwa, Safaricom Plc Chief Executive Officer. “For two decades, Safaricom PLC has combined the power of technology and our innovative spirit to solve customer and societal challenges. “We are excited to be part of this highly experienced international consortium, with a strong vision to advance Ethiopia’s inclusive digital society, with clear goals to deliver greater prospects for education, jobs and prosperity,” added Nick Read, CEO of Vodafone Group.

President William Ruto was in Addis Ababa, Ethiopia, for the formal launch of Safaricom Ethiopia. Safaricom Ethiopia on Thursday switched on its mobile ...

Congratulations also to Safaricom Ethiopia for its achievements to date generally, and more particularly as we celebrate the official launch of its commercial services in Ethiopia. This is an emphatic signal that the African Unity of our time has come of age: a continent united by opportunity, and a Pan-Africanism driven by trade. Reliable connectivity is indispensable for competitiveness, and the development of world-class technological and innovative capacity are increasingly vital to our countries’ effective integration into the global economy. I congratulate you on this special day for seizing the opportunity to take full charge of emerging opportunities on the path to a destiny of abundance. It is the convergence of resources and opportunity to develop transformational infrastructures that will unleash surges of prosperity that uplift our nations and peoples. When the government of Ethiopia resolved to liberalise the telecommunications sector in 2018, it was inspired and determined to use the opportunity to harness the potential in bringing together the best of local, regional and international strategic resources. Africa has come of age, and it is our time to configure our strategies so that our economies attract global capital that will help deliver sustainable prosperity here at home. The launch of Safaricom Ethiopia, therefore, is a record-breaking event. Critical dimensions of rapid sustainable progress align in ways that are impossible to ignore, and appropriate to acknowledge and embrace. It testifies to the deep brotherly ties, exemplary neighbourliness and effective partnership that have characterised the essence of the excellent special relationship between our two countries. For our generation, the values of Pan-Africanism call on us to recognise the mobilising endeavour of our time. This event is a beautiful celebration of the character, strength and promise of the deep relationship between Kenya and Ethiopia, which dates back to the birth of our republic six decades ago.

Telco launches network as it eyes a mobile money license in near future. Population of over 100 million presents a good opportunity for new revenues.

ADDIS ABABA, Oct. 6 (Xinhua) -- Ethiopia's first private telecom firm, Safaricom Telecommunications Ethiopia Private Limited Company (PLC), ...

Ethiopia's first private telecom firm, Safaricom Telecommunications Ethiopia Private Limited Company (PLC), on Thursday launched its mobile telecommunications network and services in Ethiopia. Employees serve customers at the launch of Safaricom Ethiopia's network and services in Addis Ababa, Ethiopia, Oct. Peter Ndegwa, CEO of Safaricom Private Limited Company (PLC), speaks at the lauching ceremony of Safaricom Ethiopia's network and services in Addis Ababa, Ethiopia, Oct.

President William Ruto and Ethiopian Prime Minister Abiy Ahmed in Addis Ababa on October 6, 2022. PHOTO | PSCU. BDgeneric_logo. By HELLEN GITHAIGA

[By OTIATO GUGUYU](/bd/corporate/companies/sbm-sale-revealed-in-court-amid-sh11bn-cbk-support-3976256)By OTIATO GUGUYU [By JOHN MUTUA](/bd/economy/kenya-fails-to-strike-oil-in-area-claimed-by-somalia-3976240)By JOHN MUTUA From Addis, Dr Ruto is expected to visit Uganda for the 60-year Independence day celebration on Sunday. [By CONSTANT MUNDA](/bd/economy/oil-producers-deal-hurt-subsidy-plan-3976164)By CONSTANT MUNDA “For two decades, Safaricom Plc has combined the power of technology and our innovative spirit to solve customer and societal challenges. STE is the first telco to offer competitive mobile services to State-owned Ethio Telecom.

Safaricom Ethiopia was granted a mobile money license as the telco officially launched its Ethiopian network. Here's what this means.

Safaricom Ethiopia’s launch comes as Ethiopia’s government and leaders of Tigray prepare for AU-led peace talks. With these lessons and experiences, we look forward to positively impacting the people of Ethiopia with a sustainable and quality mobile network that will be a vital launch pad for nationwide digital telecommunications services to over 118 million Ethiopians,” said Peter Ndegwa, Safaricom CEO. South Africa’s Vodacom is itself a shareholder in Safaricom Kenya. For president Ruto, the deal is an addition to a string of early wins including Safaricom’s reduction of Fuliza loan charges last week. At the ceremony held to celebrate Safaricom’s launch, Ethiopia’s minister of Finance announced that his government had awarded Safaricom permission to roll out M-Pesa, its widely successful mobile money product, in Ethiopia. This is Safaricom’s first expansion outside Kenya, where it holds a virtual monopoly in the telecoms and mobile money sectors.

Safaricom's entry ends a monopoly under state-owned Ethio Telecom in the tightly-controlled country.

The licence is "very important. In 2021, as part of plans to revamp the telecommunications sector, Ethiopia issued a tender to award two licences to private telecommunication operators. Kenya's Safaricom on Thursday became the first private telecommunications operator in Ethiopia and also announced a deal for a mobile money service in Africa's second most populous country.

The Kenyan telecoms giant Safaricom announced on Thursday that it had signed a deal to provide a mobile money transfer service in Ethiopia, making it the ...

Ethiopia has also started the process of selling a 40% stake in Ethio Telecom, but plans were put on hold earlier this year. The deal is "very important. The Kenyan telecoms giant Safaricom announced on Thursday that it had signed a deal to provide a mobile money transfer service in Ethiopia, making it the first private telecoms operator in Africa's second most populous country.