Safaricom Ethiopia to Build Data Centre in ICT Park


Safaricom Ethiopia to Build Data Centre in ICT Park

Safaricom Ethiopia Plc has inked a sub-lease agreement with the Industrial Parks Development Corporation (IPDC) for the construction of a new data centre in Addis Abeba's ICT Park. Projected to cost 60 million dollars, the data centre will be the telecom operator's second in the country. Safaricom set up a data centre in the capital's Akaki-Qality District at a cost of 100 million dollars earlier this year. The company, led by Chief Executive Officer (CEO) Anwar Soussa, launched a large-scale pilot of its network in Dire Dawa town last month. It has since expanded the pilot to the Oromia and Harari regional states. Executives of Safaricom Ethiopia plan to widen the network coverage to 25 cities across the country by April 2023. Last week, the International Finance Corporation (IFC), an arm of the World Bank Group, announced plans to acquire shares valued at 160 million dollars in Safaricom Ethiopia Plc.  The acquisition would make the IFC the third-largest shareholder in Safaricom Ethiopia, following Kenya's Safaricom and the Japanese Sumitomo Corporation. Vodacom Group and British International Investment (formerly CDC Group) also hold shares in the venture.


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CLEAN SWEEP

A young shoe shiner goes door to door, offering his services around the Stadium area. It is common in the capital to see young rural migrants engaged in physical labour, scraping change to send home. CHR Michelsen Institute (CMI) estimates that one out of three rural households has at least one family member migrating to cities. Extreme poverty and lack of access to farmland force many to look for better prospects in the city. Upward income mobility has remained stagnant over the last five years...


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A carriage around the Ayat area delivers water, as homes rarely access tap water in the area. Ethiopia has nine major rivers, and twelve big lakes, often called the water tower of Africa. However, UNICEF estimates that up to 80pc of communicable diseases in Ethiopia are due to a lack of access to safe water and sanitation. The second most populous country in Sub-Saharan Africa has the highest percentage of the population without access to potable water at 60pc, while the average daily consumptio...


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Holiday activities at Jan Meda included penalty shoot outs for cash pay alongside other carnival games. The World Cup final in Qatar ended in penalty shoot outs this year, a global audience of 1.5 billion watched the spectacle. While the tournament's ending had stirred planetary awe, the death of 37 workers during the construction of the stadiums had given the games a sour taste early on. The tournament broke records of the biggest budget of more than 200 billion dollars and the most spectators...