Safaricom CEO Peter Ndegwa speaks during the release of the financial results for the year ended March 31, 2020. Image: COURTESY Safaricom targets to create a million jobs and support over three million SMEs in Ethiopia It will factor operational costs for the Ethiopian market in its half-year planning. Safaricom Plc in no longer interested in a stake in Ethiopia’s state-owned Ethio Telecom after a consortium it leads won a license to operate in.