Tag: Ethiopia
Vodacom earnings drop by 19.4% drop, blames currency depreciation
Vodacom Group has announced a 19.4% decline in its half-year earnings, attributing the downturn to losses from its Ethiopia venture and the impact of...
M-Pesa launched in Ethiopia
Safaricom’s M-Pesa mobile money service went live in Ethiopia on Wednesday, in a boost to the Kenyan telecommunications operator as it seeks to kick-start growth...
Ethiopia lifts five-month ban on social media
The government of Ethiopia has lifted a five-month ban on access to social media platforms like Facebook, TikTok, Telegram and Youtube.
The ban was imposed in...
Ethiopia sets Mobile Money licensing fee at US$150 million
The National Bank of Ethiopia (NBE) has proposed $150 million as the licence fee for all mobile money operators who want to set up shop...
Safaricom crosses 1 million customers in Ethiopia
Safaricom has crossed the one millionth mark in subscriber numbers in Ethiopia just a month after the launch of operations in the populous nation...
Safaricom shares surges after securing mobile money license in Ethiopia
Shares of Kenyan telecommunications operator Safaricom surged more than 9% on Friday after it secured a mobile financial services licence in Ethiopia.
Ethiopia’s finance minister,...
Ethiopia suspends second telecom license tender process
Ethiopia is suspending the tender process for its second telecommunications license and will relaunch it in the “near future”, the government’s communications service said.
The...
Safaricom to launch in Ethiopia Q1 2022
Ethiopia’s finance ministry has said it expects new entrant Safaricom to launch it telecom services in the first quarter of 2022.
Senior Advisor at Ethiopia's...
Ethiopian government puts 40% of Ethio Telecom on sale
Ethiopia’s Ministry of Finance has invited proposals from parties interested in buying a 40 per cent of state-owned mobile operator Ethio Telecom, as the...
Ethiopia to rekindle second mobile license tender
Ethiopia is set to reopen the doors for bidders to compete for a second private mobile operating license in the country this month, with...