Safaricom Ethiopia, on July 1, announced that it now serves 10 million 90-day active customers, a major milestone achieved ...

Kenya’s telco giant Safaricom has raised the alarm over rising competition, identifying it as a growing strategic risk after ...

Kenya's Safaricom launched its mobile network in Ethiopia on Thursday, becoming the first private operator in one of Africa's largest telecoms markets.

A secondary market allows investors to buy and sell securities from one another after they have been issued in the primary ...

Kenyan telecoms firm Safaricom said on Friday that its earnings could surge as much as 50% this financial year as it projected that losses in key expansion market Ethiopia would fall steeply.

Safaricom Ethiopia signed up 5 million customers in 10 months but it soon became clear that its lofty ambitions have exposed managerial, operational, and domestic challenges.

IFC buys minority stake in Safaricom Ethiopia for Sh22 billion It has also issued a $100 million (Sh13.9 billion) loan facility to the consortium to support the ongoing construction.

In a significant milestone for Ethiopia’s digital transformation, Safaricom Ethiopia has officially hit the 10 million 90-day ...

Safaricom Ethiopia has reached a significant milestone, serving 10 million 90-day active customers across Ethiopia, barely 4 ...

Safaricom Ethiopia has invested over USD 2.27 billion to build a telecom and Digital Financial Services infrastructure in the ...

Safaricom suffered a Sh21.7 billion loss from Ethiopia operations in the year ended March as it returned to profit growth at the group level, helped by double-digit expansion of mobile data and ...

Kenya's Safaricom launched its mobile network in Ethiopia on Thursday, becoming the first private operator in one of Africa's largest telecoms markets. State-owned Ethio Telecom has until now ...