Topic: Ethiopia
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Safaricom becomes first listed firm in EA to cross USD3 billion annual revenue mark
May 09, 2025 at 10:44 AM
Safaricom has reported an 11.2 per cent rise in total revenue to Sh388.7 billion for the financial year ending March 31, 2025, making it the first listed company in the region to c...
Kenya and Ethiopia seal agreement to boost cross-border trade under AfCFTA
Apr 23, 2025 at 10:50 PM
Kenya and Ethiopia have signed a bilateral agreement aimed at fast-tracking the African Continental Free Trade Area (AfCFTA) implementation through a simplified trade regime, marki...
Ruto backs African Credit Rating Agency to counter 'biased' global assessments
Feb 14, 2025 at 07:09 PM
President William Ruto has called for the establishment of an African Credit Rating Agency (AfCRA) to address what he described as systemic bias in global financial assessments tha...
M-Pesa Global expands to Ethiopia to boost cross-border financial inclusion
Oct 14, 2024 at 05:13 PM
In a groundbreaking move aimed at fostering financial inclusion and regional integration, Safaricom has extended its M-Pesa Global service to Ethiopia....
Nairobi hosts emergency hospital training to boost global crisis response
Sep 26, 2024 at 09:05 AM
Nairobi has once again played host to a vital collaborative emergency hospital training, aimed at improving the rapid deployment of medical facilities to crisis-hit regions across ...
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Safaricom shatters records with Sh26.04 billion dividend payout
Jul 26, 2024 at 01:35 PM
Telecommunications giant Safaricom PLC has announced a final dividend of Sh0.65 per share, amounting to Sh26.04 billion for the financial year ended 31 March 2024....
Safaricom's Ethiopia venture receives boost as telecom regulator slashes rates
Apr 19, 2024 at 11:43 AM
Safaricom's ambitions in the Ethiopian telecommunications market received a significant boost following the Ethiopian Communications Authority's (ECA) decision to slash mobile term...
UK initiates tariff-free entry for Kenyan flowers, cultivating stronger trade ties
Apr 11, 2024 at 02:13 PM
Effective Thursday, Kenyan cut flower exports will enter the United Kingdom tariff-free....
Kenya Ports Authority prepares for Lamu Port boost with gantry cranes delivery
Apr 05, 2024 at 10:11 AM
This weekend marks a significant milestone for the Kenya Ports Authority (KPA) as it eagerly awaits the arrival of three ship-to-shore gantry cranes to bolster operations at the La...
M-Pesa, Onafriq partner to enhance international remittances to Ethiopia
Mar 20, 2024 at 11:13 PM
Safaricom's M-Pesa and Africa's largest digital payments network, Onafriq, have signed an International Money Transfer Agreement in a move aimed at significantly boosting Ethiopia'...
Safaricom Ethiopia celebrates milestone as its M-Pesa users surge to 3.1 million
Jan 30, 2024 at 11:43 AM
Ethiopia, a nation long on potential but short on financial inclusion, is witnessing a mobile money revolution spearheaded by Safaricom's M-Pesa....
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2023 Telegram blackout caused Sh4.2 billion impact on Kenya’s economy
Jan 12, 2024 at 12:37 PM
The November 2023 hiatus of the Telegram messaging platform dealt a severe blow to Kenya's economy, with an estimated loss of $27.02 million (Sh4.2 billion), as unveiled by calcula...
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Kathryne Maundu bids Safaricom farewell as Linda Mesa Wambani steps in as Company Secretary
Sep 30, 2023 at 11:14 AM
Safaricom has announced the departure of Kathryne Maundu from her role as the Company Secretary, marking a significant change in the leadership structure of the telecommunications ...
Liquid Intelligent Technologies enhances internet connectivity between Kenya and Ethiopia
Sep 13, 2023 at 02:21 PM
Liquid Intelligent Technologies, a subsidiary of the Pan-African technology group Cassava Technologies, is set to revolutionize internet connectivity between Kenya and Ethiopia wit...
Kenya Ports Authority invites bids for key port assets in an ambitious PPP initiative
Sep 12, 2023 at 11:31 AM
Plans to lease some key assets of the Kenya Ports Authority (KPA) have been set in motion, marking a significant shift in strategy aimed at reinvigorating the maritime industry thr...
Faith Kipyegon bags third consecutive world women's 1500m title in Budapest
Aug 23, 2023 at 12:29 PM
Kenya's Faith Kipyegon showcased an awe-inspiring demonstration of prowess on Tuesday at the World Women's 1500m event in Budapest, clinching an unprecedented third consecutive wor...
Faulu, GIZ unite to catalyze agricultural transformation through green financing
Aug 17, 2023 at 05:59 PM
Faulu Microfinance Bank has forged a groundbreaking partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to revolutionize the dairy and horticulture valu...
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Faith Kipyegon does it again as she smashes 5,000m world record at Paris Diamond League
Jun 10, 2023 at 01:02 PM
Kenyan athlete, World Champion Faith Kipyegon continues to make history in the world of athletics, as she broke the women's 5,000 meters world record during the Paris Diamond Leagu...
Peter Ndegwa says Safaricom resilient after Sh315 billion turnover milestone
May 19, 2023 at 11:23 PM
Peter Ndegwa, the Chief Executive Officer of Safaricom, has affirmed that the announced results are robust, given the challenging economic environment....
Safaricom reports Sh295.69 billion revenue growth in FY23 despite challenges
May 11, 2023 at 03:21 PM
Safaricom, Kenya's leading telecommunications company, reported reports 5.2 per cent revenue growth for the year ended March 31, 2023....
