Ethiopian official meets with Safaricom Ethiopia CEO

Addis Ababa, July 30, 2021 (FBC) –State Minister of Finance, Dr. Eyob Tekalign met with Safaricom Ethiopia PLC CEO, Anwar Soussa.

They discussed the progress of the project by Global Partnership for Ethiopia and the next steps in the implementation.

The two spoke about the importance of digitization and an open and competitive telecommunications sector for the future of the country.

In the discussion, Dr. Eyob said Ethiopia has opened its market to private-sector competition, and foreign investment, which is expected to bring a higher quality of service and more choice for consumers.

He also said that these reforms will lay the foundations for Ethiopia’s future digital transformation.

Safaricom Ethiopia PLC’s entrance as the second mobile phone operator in Ethiopia is expected to spur massive investment in the telecommunications sector as well as to bring increased competition to the market, leading to improvements in service quality, coverage, and innovation.

It is also expected to lead to thousands of direct and indirect jobs being created as companies are formed to offer services to the industry and a new technology ecosystem emerges.