All Ethiopia articles – Page 2
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Premium
Safaricom granted licence for Ethiopian M-PESA launch
Ethiopian national bank hands Safaricom Telecommunications Ethiopia its mobile money licence, breaking state monopoly.
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Premium
Dubai’s Raxio lands funds to fuel seven-market African data centre expansion
Dubai-headquartered data centre player secures debt facility to boost pan-African construction effort.
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People
Ndegwa says ‘no question’ over Safaricom CEO spot
Safaricom CEO Peter Ndegwa dismisses departure rumours as he approaches three years at the helm.
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Premium
‘Final touches’ being added to M-PESA before Ethiopia launch
M-money platform could be rolled out in African nation within upcoming financial year.
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Premium
Safaricom, Vodacom drop more cash into Ethiopian kitty
Share issue by parent vehicle opens up more funds for Safaricom Telecommunications Ethiopia’s startup rollout
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Premium
Safaricom swaps in new Ethiopian CTO
Greenfield network roll out lead Pedro Rabacal exits, with Safaricom networks chief James Maitai taking over.
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Premium
Safaricom to replace Chairman after brief tenure
John Ngumi exits Safaricom boardroom just five months after stepping up.
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Public Affairs
Ethio Telecom declares legal offensive on Safaricom after outages
State-owned Ethio Telecom threatens legal action against Safaricom Ethiopia after line installations allegedly cause service blackouts.
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Products & Services
M-PESA extends DRC consumer finance services
M-Pesa Rallonge to provide “instant” overdrafts for mobile transactions and balance top-ups.
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Public Affairs
Safaricom reaches seven figures in Ethiopia as nation preps new licence
Safaricom reaches more than one million customers in Ethiopia only one month after its full launch.
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Financial & Performance
Safaricom top brass lavish praise on President Ruto
Chairman Ngumi encouraged by “great support” from new government for its 5G operations in Kenya and Ethiopian investment.
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Strategy & Change
CEO: Safaricom to keep Ethiopia control as IFC lines up stake
Peter Ndegwa tells local media that Safaricom will remain a majority owner of new Ethiopian venture despite pending capital injection by International Finance Corporation.
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Operations
M-PESA set for Ethiopian expansion
Move finally set to go ahead after significant delays.
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Premium
Elsewhere in Vodafone Africa: STE strikes deal with IPDC to build Addis Ababa data centre
Vodafone Foundation commits to national expansion of maternal health programme; M‑PESA leads growth in real‑time A2A transactions.
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Operations
Safaricom’s long-awaited Ethiopian network begins pilot
Dire Dawa test-run represents “important milestone”.
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People
Safaricom names new chair as Joseph turns to Ethiopia
Michael Joseph steps down to director role to enable greater focus on “crucial” early years in Ethiopia.
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Network & Infrastructure
Safaricom Ethiopia ready to launch network in August
Phased rollout planned for 25 cities by April 2023.
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Suppliers & SCM
Safaricom’s 5G strategy boosted by Huawei’s Kenya deal
Huawei tightens hold on Kenya’s 5G market.
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Financial & Performance
Vodafone Q4 FY21–22: Super apps and fintech investment to drive Vodacom growth
FY21–22 results underline revenue diversification ambitions, with ‘new services’ set to contribute increasing proportion to bottom line.
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Partnerships & Alliances
Still no date for Safaricom Ethiopia launch
STE indicates it is close to reaching network-sharing agreements with Ethio Telecom. Changes to national payments law should pave way for M-PESA.
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