#Ethiopia’s First Smartcard Production to Start Operation
After securing SIM card supply deal with Ethiotelecom, Lootah Industries PLC, a local firm that owns the manufacturing plant located in Addis Ababa, announced the facility will start the production of GSM SIM cards starting November 2021.
It is said that the delivery of the first batch of SIM cards will take place on November 2021. The company is expected to increase its capacity easily to 120 million smartcards as more operators enter the country, Banking and ID businesses come online and the exports start. The expansion plan also includes a production line to manufacture Telecom Scratch cards (Voucher Cards) which can produce 1 billion PIN’s per year.
(Ethiopian Monitor https://cutt.ly/lRP0Ehc)
@Businessinfoeth
