Ethiopia has gone through several phases in its pursuit of a digital economy, which started as a far-off dream, and has become the main focus of its national ...

Last week, Ethiopia issued its first mobile money service licence to Safaricom last week, signifying a potential opening up of the economy – especially in the telecoms and banking sectors. The ...

NAIROBI — When Kenya’s Safaricom set up shop in Ethiopia last October, it looked set to make a big splash in a long underserved market in Africa’s second most populous nation. While it started off ...

Safaricom Ethiopia hikes data prices by 44 percent as it pushes to break even and boost profits amid currency depreciation.

ADDIS ABABA, Dec 19 (Reuters) - Foreign investor interest in Ethiopia's telecoms sector is cooling, sector experts and those with knowledge of the licencing process say, pointing to a bumpy first two ...

ADDIS ABABA (Reuters) - Safaricom's M-Pesa mobile money service went live in Ethiopia on Wednesday, in a boost to the Kenyan telecoms operator as it seeks to kickstart growth in one of Africa's ...

Safaricom Board Chairman Michael Joseph during an interview with Standard at Michael Joseph Centre in Nairobi on Monday, March 28, 2022 [David Njaaga, Standard] Safaricom has hired 305 staff for its ...

President William Ruto arrived in Addis Ababa, Ethiopia, for bilateral talks with Prime Minister Abiy Ahmed and the launch of Safaricom Ethiopia. [PCS] The ongoing conflict and economic crisis in ...

Investments into the company’s business in Ethiopia and a volatile market back home has slashed Safaricom’s profit for the third year in a row. Safaricom’s profit has fallen for the third year in a ...

South Africa’s largest mobile operator, Vodacom Group, announced that it will acquire East Africa’s biggest telecom for ...

The Kenya-based company already has 3 million mobile phone users in Ethiopia and plans to make it the 10th country where the payment service will be available. The National Bank of Ethiopia (NBE) has ...

NAIROBI, May 11 (Reuters) - Kenyan telecoms operator Safaricom's (SCOM.NR), opens new tab core earnings fell by a fifth in the year to March 31, hit by the cost of starting operations in Ethiopia, it ...