Former Ethio telecom CEO Joins Safaricom


Former Ethio telecom CEO Joins Safaricom

Safaricom Ethiopia has announced the appointment of Andualem Admassie (PhD) as its new Chief External Affairs Officer. Having previously served as the CEO of Ethio Telecom, Andualem would bring a wealth of experience in telecommunications and technology, where he played a key role in transforming the organization and expanding its services. Prior to joining Safaricom, Andualem co-founded and led a telecom company in South Sudan and has also held significant positions such as Director General of the Education and Training Authority. He has also been active in academia, serving as a university lecturer both locally and internationally. His involvement extends to various boards, including ICT Park Corporation, Addis Ababa Science and Technology University (AASTU), Wollo University, Ethiopian Toll Roads Enterprise, and the Ethiopian Agricultural Commodities Warehousing Service Enterprise. Wim Vanhelleputte, CEO of Safaricom Ethiopia, expressed confidence in Andualem’s ability to advance the company’s operations and provide valuable local insights. This appointment is seen as a strategic move to enhance Safaricom Ethiopia’s leadership and support its growth in the Ethiopian market.

[ssba-buttons]

Radar

Construction Sector Faces 'Serious Trouble,' Minister Warns

The construction industry in Ethiopia is in "serious trouble," said Chaltu Sani, Minister of Urban & Infrastructure Development, citing major challenges with finance, competitiveness and material costs. Speaking at the opening of the BIG 5 Construct Ethiopia expo and the inaugural East African Infrastructure & Water Expo at Millennium Hall last week, Chaltu stressed the need for concerted efforts from government, private sector, and international partners to support the 67 billion dol...


Radar

Wegagen Bank, Gift Real Estate Partner to Promote Diaspora Homeownership

Wegagen Bank S.C. and Gift Real Estate Plc. signed a Memorandum of Understanding (MoU) on June 23, to offer housing loans for homebuyers, with a special focus on the Ethiopian diaspora. The agreement enables eligible diaspora members to access loans covering up to 80pc of a home's value at reasonable interest rates. The bank's Deputy CEO Kidane Gebreselassie noted the deal will promote the real estate sector and expand homeownership options. Founder and CEO of Gift Real Estate, Gebreyesus Igata...


Radar

Jimma University Signs Sports Science Agreement to Strengthen National Programmes

Jimma University has signed a four-party Memorandum of Understanding (MoU) with the Ethiopian Academy of Sciences, Derartu Tulu Sports Training & Research Institute, and the Oromia Youth & Sport Bureau to advance Ethiopia's sports science and training capacity. Signed on June 26, the agreement includes joint research, shared facilities, and hosting of national and international competitions. It is expected to strengthen youth development, public health, and national pride through coor...