Anwar Sousa . Photo/ Anwar Sousa /TwitterAnwar Soussa , Chief Executive Officer of Safaricom Telecommunications Ethiopia PLC (STEP), has left the telecom company nearly two years after he assumed the position. An internal memo seen exclusively by Addis Standard confirmed that " Anwar Soussa , Chief Executive Officer, Safaricom Telecommunications Ethiopia PLC (STEP), will be leaving the business effective 31s July 2023 once his secondment comes to an end." He has since been leading Safaricom Ethiopia on behalf of the Global Partnership for Ethiopia Consortium . Earlier this month the World Bank Group's International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) announced plans for a $157.4 million equity investment in Global Partnership for Ethiopia BV (GPE) and a $100 million A-loan to its wholly owned subsidiary, Safaricom Telecommunications Ethiopia Private Limited Company (Safaricom Ethiopia).

Source: Ethiopian News June 22, 2023 15:08 UTC