An international consortium named the Global Partnership for Ethiopia has been awarded a license to operate telecom services in Ethiopia.
The impact investment consortium aspires to support Ethiopia’s digital transformation and positively enhance the lives of its citizens. The partners in the consortium are led by Safaricom Plc, a member of the Vodafone Group, and will establish a new operating company in Ethiopia which aims to start providing telecommunications services from 2022.
In addition to Safaricom, the partnership includes: Vodacom Group; Vodafone Group; Sumitomo Corporation – one of the largest international trading and business investment companies; and CDC Group – the UK’s development finance institution and impact investor.