All Ethiopia articles – Page 2
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Public Affairs
State of emergency provokes Safaricom Ethiopia network shutdown
Operator shuts down sites in Ethiopia’s second most populous region, Amhara, after conflict breaks out between military and Fano militia.
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M&A
e& weighs 20% Vodafone stake, but keeps investment options open
e& testing the waters with regulatory and competition authorities in multiple countries on raised stake, with “no red flags” raised yet.
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Strategy & Change
Orange CEO downplays Ethiopia ambitions
Heydemann currently sees little opportunity for value creation in Ethiopia under current conditions. Read more about Orange’s MEA powerhouse strategy and Q2 performance, incl. Orange Money…
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Partnerships & Alliances
Safaricom commits to Ethiopia’s digital transformation agenda
STE, JICA, and Sumitomo add signature to collaboration agreement as state seeks to further Digital Ethiopia 2025 strategy.
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Financial & Performance
BII lauds digital infra investment impact in tough economic climate
BII CEO Nick O’Donohoe sees private sector funding as critical to delivering long-term, sustainable solutions that grants alone cannot provide.
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Financial & Performance
Kenya “talent war” rages as Safaricom focuses on skills
Kenyan operator warns that the talent pool must grow wider and deeper to achieve digital transformation ambitions.
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Strategy & Change
E& expansion rumours encroach on Vodafone turf
Vodafone’s largest shareholder following through with global growth ambitions, with early targets coinciding with European operator’s satellites.
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People
Safaricom Ethiopia loses CEO as Soussa’s time comes to an end
Anwar Soussa to exit at the end of July, with no replacement yet named.
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Premium
Elsewhere in Africa: Ethiopian market braces for third entrant
Ethiopian market braces for third entrant.
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Venturing & Investments
World Bank investment arm swoops for stake in Safaricom Ethiopia
World Bank’s IFC to take minority stake in STE with $157.4m equity investment in parent Global Partnership for Ethiopia.
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Premium
Elsewhere in Africa: Ethiopia prepares to invite third operator to market
Ethiopia prepares to invite third operator to market.
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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.