Anwar Soussa CEO, Safaricom Ethiopia
Anwar Soussa is a senior corporate executive who now serves as the founding CEO of Safaricom Telecommunications Ethiopia, a subsidiary of the Nairobi-based telecommunications and financial multinational, Safaricom.
Ethiopia announced the opening of the telecom sector in 2018. This materialized with the establishment of the Ethiopian Communications Authority (ECA) in the same year and subsequent licensing of the Global Partnership for Ethiopia (GPE) in 2021, which has now become Safaricom Ethiopia. This ends the 128 years of monopoly in Africa’s second-most populous country.
The company he leads is a consortium of multinational operators in which Kenya’s Safaricom is the largest with a 55.7Pct share, followed by Japan’s century-old Sumitomo Corporation with 27.2Pct, the CDC Group—currently named British International Investment—owning 10.9Pct, and Vodacom—the South African telecom company—retaining a 6.2Pct stake. GPE paid a USD850 million licensing fee.
Anwar holds an MSc in Business Administration earned from Concordia University, in Montreal. He has spent a significant portion of his career in senior management positions of telecommunications firms on the African continent, alongside stints in Cyprus and Papua New Guinea. Hired as Managing Director of Vodacom DRC and Chairperson of Vodacash in 2017, he is credited with turning the unit into the largest Vodacom operation outside of South Africa—exceeding USD500 million in gross revenue for the first time in 2020.