A new World Bank report highlighted the challenges Kenya’s telco Safaricom has faced in the gradually opening Ethiopian ...

The escalating tensions between Ethiopia and Eritrea, marked by Ethiopia's recent formal accusation that Eritrea is preparing ...

Ethiopia and the United Nations agreed on Wednesday to channel desperately-needed humanitarian aid to the northern region of Tigray, where a month of war is believed to have killed thousands of ...

The Ethiopian government has to make sure the playing field is level enough for both telcos, and also consider allowing space ...

Ethiopia expects to sell a minority stake in Ethio Telecoms within nine months and tendering for two new licences will start on Dec. 1, an adviser to the state minister of finance said, brushing off ...

“Safaricom’s FY24 revenue (USD53.6 million) does not even cover the annual costs of its licenses (USD1 billion over 15 years, including mobile money, or USD 66.7 million per year). Thus, this raises ...

Ethiopia will start selling a 10% stake next week in its largest telecommunications operator Ethio Telecom, ahead of a listing on the country’s new stock exchange. The public will be able to buy ...

ADDIS ABABA, Oct. 10 (Xinhua) -- The Ethio-Djibouti Standard Gauge Railway Share Company (EDR) has launched the construction of a railway expansion project, connecting an industrial park on the ...

Ethiopian telco Ethio Telecom has announced the final plan for its copper switch-off initiative. The carrier revealed plans to transfer the remaining 100,000 customers on its copper network over to ...

Ethio Lease, a foreign-owned financial company operating in Ethiopia, said it will close after the National Bank of Ethiopia changed currency laws and made it impossible for it to repay its debts. The ...

Mulatu Astatke experienced his musical conversion as a teenager while supposedly studying engineering abroad, mastering piano, vibraphone and Latin percussion in London, Boston and New York. After he ...