ADDIS ABABA, Ethiopia--(BUSINESS WIRE)--The Ethiopian Diaspora Trust Fund (EDTF), a pioneering diaspora-driven organization, is making waves as it expands its mission to drive transformative change ...
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Safaricom stake in Ethiopia subsidiary increases to 54pc
Safaricom raised its stake in the Ethiopian unit to 54.1 percent at the end of March 2026, following a fresh round of funding which saw the telecoms operator sink Sh21.3 billion ($165 million) in the ...
Single borrower limit regulations in Ethiopia created a challenge in the subsidiary’s ability to get local currency funding.
Safaricom Ethiopia losses halved in FY26 to KES 30Bn. Customers grew 54%. EBITDA break-even targeted for FY27. The bet is ...
Addis Ababa, July 25, 2025 (ENA) -- Indian investor and long-time resident of Ethiopia, Rajeev Sharma, has expressed strong confidence in Ethiopia’s economic resilience, ongoing growth, and future ...
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