Ethiopia

A pedestrian walks on a sideway outside the Safaricom mobile phone customer care centre in the central business district of Nairobi

Top 500 Companies: Safaricom calling Ethiopia

Few companies can claim success on the scale of Kenyan telecoms operator Safaricom (#56). Since it was founded, in 1997, it has grown to become ... East Africa’s second most valuable firm in The Africa Report’s Top 500 Companies ranking, with a domestic subscriber base that represents two thirds of Kenyan mobile users. Its market capitalisation of $12.5bn is nearly twice that of the nine next biggest Kenyan companies combined.