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Kenyan president urges Ethiopia to open up mobile money market
Kenyan President Uhuru Kenyatta on Tuesday urged Ethiopia to open up its telecommunications sector to private mobile money business investors.
Browsing: Abiy Ahmed
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US sanctions complicate Vodafone consortium’s Ethiopia entry
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.
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MTN, Safaricom bid less than expected for Ethiopia licences
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.
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Ethiopia lost out on R7-billion in telecoms licensing: PM
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.
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Ethiopia sets date for big telecoms auction
Ethiopia has set a new deadline of February 2021 to complete the partial privatisation of the country’s telecommunications industry, with carriers such as Orange, Vodafone Group and MTN Group keen to participate.
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Ethiopia to sell 5% stake of state-run telco to citizens
Ethiopia plans to sell a 5% stake in its state-run telecommunications firm to its citizens as part of measures to break up the monopoly, state-affiliated Fana Broadcasting said on Monday.
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Ethiopia moves to open phone industry to investors
Ethiopia is pushing ahead with plans to sell two new telecommunications licences following delays due to the coronavirus outbreak and postponed elections.
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Ethiopia takes step to issuing lucrative telecoms licences
Ethiopia moved closer to liberalising one of the world’s final frontiers for telecommunications by publishing the final draft of directives. South Africa’s MTN Group and Vodacom Group are keen to invest.
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Safaricom likely to borrow to fund Ethiopia bid
Safaricom, weighing up an offer for Ethiopia’s telecommunications business later this year, plans to take on debt to fund a joint bid by a consortium including parent Vodacom and two other entities.
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Why Ethiopia has MTN and Vodacom juiced up
As part of an ambitious reform programme, Prime Minister Abiy Ahmed plans to award telecommunications licences to two private operators next year, and sell a minority stake in Ethio Telecom.