Kenya's Safaricom launches in Ethiopia

Safaricom

Kenya's Safaricom on October 6, 2022 became the first private telecommunications operator in Ethiopia. PHOTO | FILE

Kenya's Safaricom on Thursday became the first private telecommunications operator in Ethiopia and also announced a deal for a mobile money service in Africa's second most populous country. 

Safaricom's entry into Ethiopia ends a monopoly under state-owned Ethio Telecom in the tightly-controlled country of more than 110 million people.