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

ReutersAnwar Soussa, Managing Director of Safaricom Telecommunications Ethiopia PLC, with Safaricom Ethiopia Chairperson Michael Joseph, Safaricom CEO Peter Ndegwa, and Vodacom group CEO Shameel Joosub, hold Safaricom sim-cards during the Safaricom Ethiopia service launch in Addis Ababa, Ethiopia, October 6, 2022Anwar Soussa, Managing Director of Safaricom Telecommunications Ethiopia PLC, with Safaricom Ethiopia Chairperson Michael Joseph, Safaricom CEO Peter Ndegwa, and Vodacom group CEO...

Hours later Ethiopia’s finance minister, Ahmed Shide, said his government had granted the company a licence to operate a mobile money service. Its network was supposed to launch in April but was delayed because of the coronavirus pandemic and logistical challenges.

 

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