Ethiopia has been awarded a licence 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.
Ethiopia is home to over 112 million people, making it the second largest country in