Ethiopia
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News
Ethio Telecom, China’s Inspur in Talks Over Digital Infrastructure Deal
Ethio Telecom is preparing to establish a strategic partnership with Chinese technology company Inspur Software Technology. The proposed deal is…
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News
Chinese EV Manufacturer Changan Automobile Inaugurates First Showroom in Ethiopia
Chinese EV manufacturer Changan Automobile officially opened its first showroom in Ethiopia, marking a key milestone in the brand’s strategic…
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BUSINESS
Stanbic Explores New Banking Venture in Ethiopia
Stanbic Bank is considering establishing a wholly owned banking operation in Ethiopia, opening a potential route into one of Africa’s…
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News
Ethiopia’s EthioPay-IPS Hits 1 Million Daily Transactions
Ethiopia’s national payment switch, EthSwitch, has recorded a landmark milestone after its EthioPay-IPS platform surpassed one million transactions in a…
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News
Visa and Oromia Bank Partner to Drive Digital Inclusivity for Ethiopians
Visa and Oromia Bank have announced a strategic partnership aimed at expanding access to Visa- branded prepaid solutions for the…
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News
How Ethiopia’s Duopoly Turns Everyday Connectivity Into Something Closer to a Power Struggle
The latest round of rural towers from Ethio Telecom looked at first like a standard infrastructure update. One hundred fifty-two…
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TRENDING
Safaricom Learns the Hard Math of Expansion in Ethiopia as Growth Outruns Profit
Safaricom’s bet on Ethiopia has always been a long play. Two years after it entered the market, the company is…
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BUSINESS
Safaricom Ethiopia Revenue Jumps 136%, but M-PESA Stalls
Safaricom Ethiopia has reported explosive 136% growth in its service revenue, which surged to KES 6.2 billion for the six…
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New Appointments
Safaricom Welcomes Back Stephen Chege as Group Chief External Affairs Officer
Kenya’s leading telco, Safaricom PLC on Friday announced the return of Stephen Chege, who rejoins the company as the Group…
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BUSINESS
EU Backed e-Phyto System Goes Live in Ethiopia
Ethiopian farmers and exporters can now apply for, receive, and send phytosanitary certificates entirely online following the successful launch of…
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BUSINESS
Safaricom Ethiopia Hits 10 Million Active Customers
Safaricom Ethiopia has announced a major milestone, reaching 10 million active customers within just four years of receiving its operating…
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News
Ethiopia Tops East Africa’s Mobile Market With 86.6m Subscriptions
Ethiopia has emerged as the largest telecom market in East Africa, with 86.6 million mobile subscriptions – representing 27.49% of…
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News
Ethiopia boosts digital financial services with its first virtual Visa card
Ethio telecom has partnered with Visa to launch Ethiopia’s first wallet-based Virtual Visa Card. The partnership which was announced on…
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News
Mpesa Ethiopia, Dahabshiil, sign diaspora remittance partnership
African money transfer company Dahabshiil has signed a partnership with M-Pesa Safaricom Ethiopia to facilitate remittances for Ethiopian diaspora The…
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News
Safaricom Ethiopia to use locally manufactured telecom towers
Safaricom Ethiopia has announced that it will be using locally manufactured telecom towers as it seeks to localize its infrastructure. …
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Startups
Ethiopian sustainable tech startup Kubik raises $5.2 million seed funding
Kubik, the African sustainable tech startup has raised $5.2 million seed funding round. The seed round makes it the first…
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News
Is Ethiopia Africa’s sleeping fintech giant?
The fintech sector has been one of Africa’s biggest technology success stories. According to one report, the continent’s 678 fintech startups…
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News
Safaricom Ethiopia closes funding transaction from World Bank’s investment arms
Safaricom Ethiopia is set to receive funds from the World Bank Group, following the closure of the transaction during a…
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News
G Media designs successful campaign for Ethio Telecom’s Tele Birr Super App Launch
Africa has long been a breeding ground for innovation and creativity. In recent years, an increasing number of innovative companies…
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News
[Ethiopia] Safaricom M-Pesa and Hibret Bank enter into Mobile Banking and Agency Partnership
As Safaricom Ethiopia prepares to launch M-Pesa in the country, the telco has now announced a Mobile Banking and Agency…
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News
Safaricom picks new CEO for its Ethiopia business unit
Wim Vanhelleputte has been named the new CEO for Safaricom Ethiopia effective September 1. His appointment comes just a week…
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BUSINESS
Safaricom records a 22.2% decline in net profit
Kenya’s leading telco Safaricom net profit stood at Ksh.52.48 billion in the full year ended March 2023, down from Ksh.67.49…
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News
Safaricom granted mobile money license to launch M-Pesa in Ethiopia
Safaricom has announced that it has officially been granted a mobile money license to launch M-PESA in Ethiopia. Since launching…
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News
Safaricom to launch M-Pesa in Ethiopia this year
Safaricom has revealed that its mobile money service M-Pesa will go live in Ethiopia this year. Dilip Pal, Safaricom’s chief…
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News
Ethiopia sets $150 million license fee for M-pesa entry
The telecommunications landscape in Ethiopia has largely lagged behind its neighbors, owing to strict observance of monopolistic regulations. Until Safaricom…
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News
Meta sued for its role in Ethiopia’s Tigray War
Meta the owner of Facebook, Instagram and WhatsApp has been sued in Kenya’s High Court for allegedly fueling the recently-ended…
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News
Increased taxation on SIM Cards and phones eat into Safaricom’s half-year profits
In the Finance Act 2022, the government of Kenya imposed a 10% excise duty on the importation of cellular phones…
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News
More than 740k customers have so far joined Safaricom network in Ethiopia
Safaricom has revealed that more than 740,000 customers have joined its network in Ethiopia during its first month of operation.…
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News
Safaricom officially goes live in Ethiopia
About 16 months after winning a telecom license to operate in Ethiopia, Safaricom has today finally gone live in the…
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News
Ethiopia is Leading African Nations in Regulating Crypto
Most governments across Africa have sounded a warning against cryptocurrencies, even though the wave of digital currencies seems unstoppable. Only…
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News
Safaricom Ethiopia pilots its services in Dire Dawa ahead of national launch
After announcing plans to launch commercial operations in Ethiopia within the year, Safaricom has now started large-scale customer pilot of…
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BUSINESS
Safaricom to launch commercial operations in Ethiopia this year
Safaricom is set to launch commercial operations in Ethiopia within the year. Safaricom CEO Peter Ndegwa confirmed this while releasing…
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News
Safaricom to launch M-pesa in Ethiopia after new law changes
There is a wave of transformation sweeping across the telecommunications sector in Ethiopia. It started with reforms effected by Prime…
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BUSINESS
Mobile payments and financial services firm Paga Group launches its payment gateway in Ethiopia
Mobile payments and financial services company Paga Group has partnered with the Bank of Abyssinia, amid regulatory approval from the…
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News
GPE Appoints Anwar Soussa To Lead Safaricom-Led Consortium Operations in Ethiopia
The Global Partnership for Ethiopia (GPE) on Monday appointed Mr. Anwar Soussa as the Managing Director (MD) of the Operating…
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BUSINESS
Safaricom-led consortium wins Ethiopia’s telecom license
Ethiopia ’s telecommunications regulator has awarded an operating licence to a consortium led by Kenya’s Safaricom and Japan’s Sumitomo Safaricom,…
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Blockchain
Ethiopia Launches Blockchain-Based National Student and Teacher Identification System
The government of Ethiopia has launched a national blockchain-based student and teacher identification system. According to the Ethiopian government and…
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Startups
Ghana’s healthcare startup mPharma to launch Haltons Pharmacies in Ethiopia
Ghanaian health tech startup mPharma has signed a franchise agreement with Belayab Pharmaceuticals to open Haltons Pharmacies in Ethiopia Through this…
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News
Private and public broadcasting associations in Ethiopia respond to government’s call to migrate their channels
SES, the leader in Global content connectivity solutions provider SES has announced that the Ethiosat platform is now broadcasting all…
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News
Ethiopia Denies Shortlisting Safaricom for Telco License
A report emerged on Wednesday that Kenya’s largest telco Safaricom had made it to the shortlist of six firms selected…
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BUSINESS
Safaricom Joins Shortlist of Firms Qualified for Ethiopia Telco License Bid
Safaricom has been shortlisted in the final list of firms that will bid for one of the two telecom license…
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BUSINESS
Safaricom Bids For Telco License in Ethiopia
Kenya’s largest telco, Safaricom, has filed a fresh bid for a license to operate in Ethiopia. The company will battle…
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Interviews
#TechTrendsChats : Safaricom CEO, Peter Ndegwa on Telco’s expansion plans to Ethiopia and other African markets
Safaricom expansion plans to Ethiopia: Safaricom has been planning to expand to the Ethiopian market for a while now. When…
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Startups
Kenya’s Tiny Totos wins MIT Inclusive Innovation Challenge Africa finale
Kenyan-based startup, Tiny Totos, has been named among the winners of the MIT Inclusive Innovation Challenge (IIC) Africa finale. Tiny…
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BUSINESS
Ethiopia is partnering with Jack Ma’s Alibaba to build its digital economy
Ethiopia has entered into a partnership with Chinese e-commerce giant Alibaba to build and boost the country’s digital economy. The…
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