SABMiller, the world’s second largest brewer, and SouthWest Development (SWD), an Ethiopian investment 
group, are going to build a 60-million-dollar brewery in Ethiopia. The brewery will be built near Holeta, 40km from Addis Ababa.
The brewery is expected to have an annual production capacity of 500,000 hectolitres of beer. Construction of the factory is scheduled to start when the rainy season is over and to be completed in 18 months time.
Peter Ndegwa, Safaricom CEO, has confirmed that Safaricom has put in a bid for one of the two telecom licenses Ethiopia has made available.
Safaricom, Kenya’s largest mobile phone operator, is following up its plan to enter the Ethiopian market, its outgoing chief executive disclosed. The telecom company, listed on the Nairobi Securities Exchange (NSE), is "betting" on privatization plans Ethiopia has announced for the state monopolized sole telecom provider in Ethiopia, Ethio Telecom, and sale of additional two telecom licenses.
Safaricom Ethiopia is taking a big step towards local sourcing by incorporating telecom towers manufactured in Ethiopia into its network expansion plans. The company has partnered with Woda Metals, the nation's first producer of telecom towers.
Safaricom Ethiopia announced that it is building its first data center in Addis Ababa at a cost of $100 million. "In our first year, we have $300 million worth of investment that is going in, [out of] which the data center is just one of the many building blocks," Pedro Rabacal, Chief Technology Officer (CTO) at Safaricom Ethiopia, said.
