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ICT and Telecom

Ethiopia: Ethio Telecom Achieves Revenue Target

Ethio Tele 20230718

Ethio telecom's Mobile Money business, Telebirr, had 34.3 million subscribers and a total transaction value of Birr 679.2 billion in the 2022/23 fiscal year. The company generated a total revenue of Birr 75.8 billion, achieving 101% of its target. The total number of subscribers reached 72 million, an increase of 8% from the previous year. Mobile voice subscribers were 69.5 million, data and internet users were 33.9 million, and fixed broadband subscribers were 618.3K.

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Ethiopia: Ethio Telecom, Techno Mobile, and Transsion Manufacturing Company Partner to Increase Smartphone Penetration in Ethiopia

Ethio Telecom Transsion Agreement

Ethio Telecom, Techno Mobile, and Transsion Manufacturing Company have entered into a strategic partnership to provide smartphones in Ethiopia. The partnership aims to increase smartphone penetration, promote affordability, and bridge the digital divide in the country.

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Ethiopia: Telebirr to Replace Manual Tax Collection System in Oromia State

Telebirr Oromia Tax

Ethio Telecom and the Oromia Regional State’s Revenues Bureau have signed an agreement to implement a digital tax payment system through the Telebirr platform. This new system will replace the manual tax collection system, which has been causing unnecessary time and resource wastage for taxpayers.

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International Financial Corporation Invests in Safaricom Ethiopia

IFC Safari

The International Finance Cooperation (IFC) and Multilateral Investment Guarantee Agency (MIGA), which are members of the World Bank Group, have announced an investment in Safaricom Ethiopia's greenfield telecommunications network across Ethiopia. The investment includes an equity investment, a loan, and guarantees to support the ongoing construction and operation of the network.

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Prepay Nation and Safaricom Ethiopia Partner to Offer International Mobile Top-Ups

SAF-MAIN-LOGO

Prepay Nation and Safaricom Ethiopia have partnered to allow Ethiopians living abroad to send mobile airtime to their loved ones back home. The partnership is expected to benefit over 2.5 million Ethiopians who live outside of their country, particularly in North America, Europe, the Middle East, and the Netherlands.

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TECNO Mobile Unveils the Phantom V Fold in Ethiopia

Phantom V fold

TECNO Mobile, a leading mobile device manufacturer, held a high-profile exclusive event at the Addis Ababa Science Museum to unveil its latest and revolutionary cellphone mode, the Phantom V Fold ahead of its availability for Ethiopian cellphone consumers. The event marks a significant milestone for the company, as it brings its innovative new product to one of Africa's fastest-growing economies with a population of over 110 million people and home to a rapidly-growing consumer base, hungry for the latest mobile technology.

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GITEX Africa: Huawei Reaffirms its Commitment to Unlocking Africa's Digital Potential

GTEX HUAWEI

The first ever GITEX Africa opens its doors in Marrakesh, Morocco on 31 May and will run until June 2nd, 2023. As Africa's largest trade fair for technology and start-ups, GITEX Africa's mission is to strengthen digital transformation cooperation and partnerships across the continent, shaping the vision for a more connected, inclusive and sustainable digital economy. As one of the key players at this event, Huawei, a Platinum Sponsor, is reaffirming its commitment to unleashing the potential of digital technology to guide Africa towards new and ever more promising horizons.

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