Tag: Ethiopia

Safaricom Granted License To Operate M-Pesa In Ethiopia

Safaricom Telecommunications Ethiopia has officially been granted the license to operate mobile money services in Ethiopia. The licence comes seven months after the commercial launch of GSM services. The M-Pesa license will open the country to the world’s largest mobile payment system and Africa’s largest...

KenGen Cements African Footprint With Seventh Geothermal Well In Ethiopia

Kenya Electricity Generating Company PLC (KenGen) has completed drilling of the seventh geothermal well in Ethiopia further bolstering the company’s renewable energy footprint in the Horn of Africa. This latest announcement is from the Aluto-Langano geothermal site where KenGen is implementing a drilling consultancy project...

16 Million In Kenya, Somalia And Ethiopia Facing Acute Food Shortage

A poor start to the rainy season in the Horn of Africa has added to fears that the worst drought in decades could soon have catastrophic results, with the crisis worsened by the war in Ukraine driving up food prices and diverting international attention, Save...

Safaricom Ethiopia Staff Moved Out as Conflict Heightens

“It, therefore, concerns me deeply that after one year, the crisis has not abated but has in fact deteriorated. The fighting has continued, the deaths have accumulated, the displacement persists and suffering and humanitarian emergency have taken root in the country.”

Hope For Kenya-Ethiopia Trade Ties As Moyale One-stop Border Post Is Operationalised

The Kenyan delegation has expressed confidence on stronger trade ties with Ethiopia as procedure manual to guide the two nations in the implementation of the Moyale One-Stop Border Post (OSBP) is signed in Addis Ababa. The Kenyan delegation led by officials from the Ministry of Interior and Coordination of National Government and those from key...

Dizzy Maths: Inside The Safaricom Ethiopia Mobile License Deal

According to a document released on 25th May 2021, Safaricom, Kenya’s leading mobile operator,  will own majority (55.7%) shares in the arrangement ahead of a number of companies that partnered to bid for Ethiopia’s telecoms license, giving the firm control of the consortium. The consortium on 22nd May won the licence to enter the new market at a cost of $850 million (Ksh85 billion).