Ethiopian birr Stories

Airtime and data purchases push Safaricom Ethiopia's M-Pesa users to 10.8m
Airtime and data purchases push Safaricom Ethiopia's M-Pesa users to 10.8m
Maureen Kinyanjui  |  Feb 07, 2025

Safaricom Ethiopia, which commenced commercial operations in October 2022, has seen substantial investment from its shareholders.

Currency change leaves Ethiopia’s GDP halved, debt burden heavier
Currency change leaves Ethiopia’s GDP halved, debt burden heavier
Lucy Mumbi  |  Jan 21, 2025

The rise was attributed to the exchange rate adjustment and new loans amounting to $1.6 billion, secured from the International Monetary Fund (IMF) an...

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.