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Safaricom consortium appoints manager for Ethiopia

Safaricom has offered to invest $8 billion in Ethiopia over the coming ten years.

In Summary

  • The  consortium recently won an $850 million license bid to operate in Ethiopia
  • Anwar is currently the managing director of Vodacom DRC and the chairperson of Vodacash (M-PESA) a position he has held since 2017.

Safaricom Plc linked Global Partnership for Ethiopia (GPE) has appointed Anwar Soussa to manage the Ethiopian operations, two months after the consortium was granted entry into the country. 

In a statement, the joint venture said the managing director’s appointment was effective July 1 and he will report to the board and Safaricom Plc CEO Peter Ndegwa.

Anwar is currently the managing director of Vodacom DRC and the chairperson of Vodacash (M-PESA) a position he has held since 2017.

According to the statement he has cemented Vodacom DRC as the largest Vodacom operation outside of South Africa by driving major strides in operational performance, crossing the $500 million in service revenue mark for the first time in 2020.

In Ethiopia, Anwar will be responsible for the execution of the consortium’s goal to bring about transformational economic and social impact in Ethiopia and positively enhance the lives of its over 112 million people.

He will formulate strategies and plans to ensure the delivery of quality and affordable mobile and internet connectivity enabling millions more Ethiopians to access quality telecom services.

Prior to joining Vodacom, Anwar served as the CEO of Airtel in Uganda and Chad. He has also worked in various senior leadership capacities at MTN and Digicel, among other telcos.

Anwar a Greek national holds a bachelor’s degree in Business Administration from the American College of Greece and a Master’s in Marketing from Concordia University in Montreal, Canada.

His appointment now sets the stage for the consortium’s operation in the country whose communication sector has been largely a government monopoly. 

The international consortium led by Safaricom, comprising of Vodafone and Vodacom, UK’s CDC Group, and Japan’s Sumitomo Corporation, won an $850 million license bid to operate in Ethiopia, defeating MTN of Mauritius who bid $600 million.

Safaricom has offered to invest $8 billion in Ethiopia over the coming ten years.

The Kenyan leading telco which commands 57 per cent holding in the Ethiopian entity will now compete with a local sole mobile operator, Ethio Telecom, which launched a mobile phone-based financial service akin to M-Pesa in mid-May. 

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By Chala Dandessa

I am Lecturer, Researcher and Freelancer. I am the founder and Editor at ETHIOPIANS TODAY website. If you have any comment use caalaadd2@gmail.com as email contact. Additionally you can contact us through the contact page of www.ethiopianstoday.com.

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