Ethiopian authorities announced on Tuesday a bidding proposal for partial privatization of state-owned Ethio Telecom, inviting private investors to acquire a 40 percent stake in its lead telecom service provider. The country’s Ministry of Finance led the bidding process by delivering a request for proposal (RFP) for the partial privatization. The move is designed to […]
Ethio Telecom
The slow process of releasing Ethiopia’s telecom market has finally reached an end with the licensing of East Africa’s Safaricom-led Global Partnership for Ethiopia’s consortium, granting the company a seat at the table to empower the government’s telecom services. Ethiopia is one of the last two countries in Africa to augment its national telco services […]