Ethiopian state-owned telecommunications firm Ethio Telecom recorded a half-year revenue rise of 43.3 percent to 61.9 billion birr ($491.57 million). With 1.01 trillion birr ($7.9 billion) in transactions in just six months—nearly the same amount as the previous three years from Telebirr, the mobile money service offered by Ethiopian telecom supported the increased earnings. Earnings…...
Trending
- Senegal raises 103.502 billion CFA francs on the UMOA financial market
- Guinea Bissau: The Public Treasury collects 15 billion CFA francs on the UEMOA financial market
- Morocco: Omar Bekkali takes the reins of AMIC to accelerate the new phase of private equity
- Guinea: World Bank commits over $3 billion to transform growth into jobs
- Morocco: BCP and Western Union launch instant international transfer via API
- CEMAC: BEAC eases its monetary policy and lowers its key rates to boost credit
- Ivorian diaspora: over 1.5 billion dollars serving the national economy
- Georges Bassalang Bolemen officially installed as head of Tradex DRC
Ethio Telecom posts 43 percent rise in half year revenue
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com