Chinese bitcoin miners, having bounced from country to country in search of cheap power, have arrived in the Horn of Africa.
Browsing: Abiy Ahmed
Foreign investor interest in Ethiopia’s telecommunications sector is cooling, sector experts have said.
Orange has decided to withdraw from the process to purchase an up to 45% stake in Ethiopian operator Ethio Telecom.
Ethiopia has launched a tender for a second new telecoms licence, opening one of Africa’s largest markets to further competition.
Shares of Safaricom surged more than 9% on Friday after it secured a mobile financial services licence in Ethiopia.
Facebook has removed a post on Ethiopian Prime Minister Abiy Ahmed’s page for violating its policies against inciting violence.
Kenyan President Uhuru Kenyatta on Tuesday urged Ethiopia to open up its telecommunications sector to private mobile money business investors.
The consortium’s plans to expand in Ethiopia have been complicated by the US state development agency’s decision to pause investments in the country.
A Vodafone Group consortium and MTN Group submitted bids for permits to operate in Ethiopia that were much less than what was sought by the government, people with knowledge of the matter said.
Ethiopia’s decision to exclude mobile money from the terms of two new telecommunications licences cost the government about R7-billion from bid levels, Prime Minister Abiy Ahmed said.