Safaricom readies to enter Ethiopian market - News Summed Up

Safaricom readies to enter Ethiopian market


Safaricom has bid for one of the two telecommunications licences up for grabs in neighbouring Ethiopia. Peter Ndegwa), Safaricom Chief Executive, said the decision by the Ethiopian government might however be delayed due to complications occasioned by the coronavirus pandemic. SEE ALSO: Safaricom CFO heads to Vodafone“Ethiopia is probably one of the few remaining market opportunities for telcos. The Ethiopian telecommunications market, which had hitherto been closed by the State, is now being opened up for foreign firms. The opening up of the telecommunications market is part of efforts by Prime Minister Abiy Ahmed to liberalise the economy.


Source: Standard Digital June 12, 2020 18:45 UTC



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