“Safaricom’s FY24 revenue (USD53.6 million) does not even cover the annual costs of its licenses (USD1 billion over 15 years, including mobile money, or USD 66.7 million per year). Thus, this raises ...

LONDON, Oct 9 (Reuters) - Ethio Telecom will become the first company to list on Ethiopia's new stock market next week when the government sells a 10% stake in the company, Brook Taye, the CEO of its ...

Feb 20 (Reuters) - Ethiopia's government is discussing selling 10% of state-owned telecoms company Ethio Telecom via a local stock exchange that is being launched this year, Prime Minister Abiy Ahmed ...

Ethiopia will start selling a 10% stake next week in its largest telecommunications operator Ethio Telecom, ahead of a listing on the country’s new stock exchange. The public will be able to buy ...

Mulatu Astatke experienced his musical conversion as a teenager while supposedly studying engineering abroad, mastering piano, vibraphone and Latin percussion in London, Boston and New York. After he ...

Ethiopian telco Ethio Telecom has announced the final plan for its copper switch-off initiative. The carrier revealed plans to transfer the remaining 100,000 customers on its copper network over to ...

Ethio Lease, a foreign-owned financial company operating in Ethiopia, said it will close after the National Bank of Ethiopia changed currency laws and made it impossible for it to repay its debts. The ...

The telco, which serves over 70 million subscribers, confirmed it is initially offering 5G via 145 sites that have been deployed in the capital. This follows the pre-commercial 5G mobile broadband ...

The Ethiopian jazz great will perform at the Howard Theatre on June 23 and 24. Most of us don’t think of music as a science. Mulatu Astatke, the Ethiopian vibraphonist who created the style known as ...