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Ethiopian PM awards telecoms licence to Safaricom led consortium

President Uhuru Assures Ethiopians, Safaricom Will Help Transform Your Economy

President Uhuru Kenyatta has told Ethiopians that the entry of Kenya's technology giant Safaricom will help transform their country by positively impacting most sectors of the 112 million population economy. Using the example of Safaricom's impact on the Kenyan economy over the years, President K

President Kenyatta in Addis Ababa to witness issuance of operating license to Safaricom

President Kenyatta in Addis Ababa to witness issuance of operating license to Safaricom Shares President Uhuru Kenyatta is in Ethiopia for a state visit. He was received at the airport by senior government officials including Prime Minister Abiy Ahmed. During his visit, the President is scheduled to witness the issuance of a telecommunications licence to Safaricom and to discuss other issues of mutual concern. President Uhuru was accompanied by Cabinet Secretary Raychelle Omamo of Foreign Affairs and Cabinet Secretary Joe Mucheru of ICT and Innovation. Earlier this year, an international consortium led by Safaricom, comprising of Vodafone and Vodacom, UK’s CDC Group and Japan’s Sumitomo Corporation, won a Ksh. 91.8 billion bid to operate in Ethiopia. The tender has increased Safaricom’s share rally to new heights as it aims to grow its presence in Ethiopia.

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