Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

Building Intelligent Support Systems: The Architecture Behind AI-Powered Customer Service Agents

2025-08-29

City of Cape Town Introduces New Fleet Tracking Tech

2025-08-29

From XRP to ETH : Investors are choosing Quid Miner’s stable income model

2025-08-29
Facebook X (Twitter) Instagram
Trending
  • Building Intelligent Support Systems: The Architecture Behind AI-Powered Customer Service Agents
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Boardroom Games»Safaricom Ethiopia Switches On Its Network And Services In Addis Ababa
Boardroom Games

Safaricom Ethiopia Switches On Its Network And Services In Addis Ababa

Staff WriterBy Staff Writer2022-10-06Updated:2022-10-11No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Safaricom Ethiopia
Safaricom Ethiopia. Image source: Safaricom Ethiopia Twitter Page
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Safaricom Ethiopia has today switched on its mobile telecommunications network and services in Addis Ababa, the country’s capital city. Safaricom Ethiopia is also holding a ceremony today to mark its national launch.

The Ethiopian government launched Digital Ethiopia 2025 to help the country realise its digital potential and leverage technology to build a more prosperous society. As part of that process, Safaricom Ethiopia was granted a nationwide full-service Unified Telecommunications Service Licence and is the first company in the country to launch a competitive mobile service to Ethio Telecom, which is state-owned.

Through its 34.9% stake in Safaricom and its 6.2% direct stake in Safaricom Ethiopia, Vodacom Group holds an effective 25.7% interest in the Safaricom Ethiopia business.

“The Global Partnership for Ethiopia consortium has worked tirelessly together with the Government of Ethiopia to reach this exciting moment in Ethiopia’s history as the country embarks upon a fully digitalised era,” Shameel Joosub, CEO, Vodacom Group, said.

“I would like to congratulate Safaricom Ethiopia and all management, staff and partners involved in reaching this milestone as we seek to connect every Ethiopian to the global digital economy.

Safaricom Ethiopia
Safaricom Ethiopia. Image source: Safaricom Ethiopia Twitter Page

“Ubiquitous network connectivity will positively transform the lives of Ethiopians throughout the country, notably by making various Tech for Good solutions and services available in health, education, manufacturing, agriculture and digital finance.”

Safaricom Ethiopia’s 2G, 3G and 4G mobile services are available in 11 cities from today, including the capital and the country’s second largest city Dire Dawa. The company plans to launch services in a total of 25 cities by April 2023 to meet the 25% population coverage obligation in its licence. Safaricom Ethiopia is building a wholly-owned mobile network and also has infrastructure sharing and interconnection agreements in place with Ethio Telecom. Safaricom Ethiopia’s vision is to transform lives through a digital future for all Ethiopians.

Nick Read, CEO of Vodafone Group, said: “We are excited to be part of this highly experienced international consortium, with a strong vision to advance Ethiopia’s inclusive digital society, with clear goals to deliver greater prospects for education, jobs and prosperity.”

Safaricom Ethiopia is owned by an international consortium including Vodacom Group; Vodafone Group; Safaricom; Sumitomo Corporation – one of the largest international trading and business investment companies; and British International Investment (BII) – the UK’s development finance institution and impact investor. This is the first joint investment project to be realised under the strategic alliance agreed by Vodafone and Sumitomo in November 2020.

“For two decades, Safaricom has combined the power of technology and our innovative spirit to solve customer and societal challenges. Led by our Purpose to Transform Lives, we have deepened digital and financial inclusion in Kenya by connecting people to people, people to opportunities and people to information,” Peter Ndegwa, CEO of Safaricom, said.

“With these lessons and experiences, we look forward to positively impacting the people of Ethiopia with a sustainable and quality mobile network that will be a vital launch pad for nationwide digital telecommunications services to over 118 million Ethiopians.”

 

Safaricom Ethiopia said it was keen to see the growing impact of technology in the regions across the country to spur accelerated economic growth and ensure no one is left behind.

Toshikazu Nambu, Representative Director, Executive Vice President, Chief Digital Officer, Sumitomo Corporation, said: “We are pleased to have reached the significant milestone of the official launch of Safaricom Ethiopia’s national mobile network. Through this project, Sumitomo Corporation will contribute to Ethiopia‘s national development by providing its expertise in the telecommunications business and digital transformation know-how cultivated in Japan and other Asian countries. With the expansion of mobile phone use and the economic and human resource development, we will transform lives for a digital future, in line with the Digital Ethiopia 2025 strategy.”

Safaricom Ethiopia said as network demand grows it will remain committed to building one of the most modern networks in the world for Ethiopians. Ethiopia is a beautiful country with unmatched potential.

 Nick O’Donohoe, Chief Executive Officer of BII, said: “The launch of Safaricom Ethiopia will deliver development impact at a country-wide level. It will transform the economic prospects for millions of Ethiopians and go a long way to alleviating data-poverty in the country.” 

Ethiopia Safaricom Safaricom Ethiopia Vodacom Vodafone
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Staff Writer

Related Posts

SA’s Skhokho 2.0 Puts Enterprise AI In SME Hands

2025-08-28

Light Up the Night With OPPO’s R20k Party Phone

2025-08-27

Vodacom Group Appoints Ayman Essam As Chief Officer: External Affairs

2025-08-27

Please Call Me: After 25 Years, Will SCA’s New Bench Silence ConCourt?

2025-08-26

Vodacom Invests R400M To Expand Network In Free State And Northern Cape

2025-08-26

How Will Spaza Market Benefit Users, Traders And SMEs?

2025-08-25

Your WiFi Router Is About To Start Watching You

2025-08-21

Africa’s Yellow Card Expand Into Emerging Markets

2025-08-19

SAPS Warns Of Increase Of ATM-Related Scams

2025-08-19
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

BankservAfrica Rebrands As PayInc

The financial market infrastructure giant BankservAfrica has officially been rebranded to PayInc. The launch, held…

KZN’s First Supercar-Centric Luxury Residential Development Unveiled

2025-08-27

Government Pensions Administration Agency CEO Placed On Precautionary Suspension

2025-08-26

Airtel Africa & Vodacom Forge Landmark Infrastructure Partnership

2025-08-12
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

SA’s Skhokho 2.0 Puts Enterprise AI In SME Hands

2025-08-28

Please Call Me: After 25 Years, Will SCA’s New Bench Silence ConCourt?

2025-08-26

Vodacom Invests R400M To Expand Network In Free State And Northern Cape

2025-08-26

Elon Musk’s Starlink Backs BEE Equity Equivalents, Not 30% Ownership

2025-08-18

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

Building Intelligent Support Systems: The Architecture Behind AI-Powered Customer Service Agents

2025-08-29

City of Cape Town Introduces New Fleet Tracking Tech

2025-08-29

From XRP to ETH : Investors are choosing Quid Miner’s stable income model

2025-08-29
Recent Posts
  • Building Intelligent Support Systems: The Architecture Behind AI-Powered Customer Service Agents
  • City of Cape Town Introduces New Fleet Tracking Tech
  • From XRP to ETH : Investors are choosing Quid Miner’s stable income model
  • Zayna Mahomed Is EPF Solve’s For X August Winner 
  • XRP Price Support Confirmed At $2.85 As Investors Back New PayFi Altcoin Trending In The Crypto Space
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2025 TechFinancials. Designed by TFS Media.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.