US International Development Finance Corporation receives waiver for Global Partnership for Ethiopia
Funding from the USIDFC was expected to be halted due to US government sanctions on Ethiopian officials and economic activities.
Funding from the USIDFC was expected to be halted due to US government sanctions on Ethiopian officials and economic activities.
The consortium offered up USD 850 million for the license fee and USD 8.5 billion in investments.
There are only two effective bidders given that Vodafone, Vodacom, CDC Group, Safaricom, and Sumitomo Corporation submitted a joint application with MTN submitting the other application.
Safaricom CEO had announced that it had made the shortlist for the Ethio Telecom licenses being bid for
The Ethiopian telecom sector is rapidly implementing steps to liberalize the sector and encourage competition for improved services.
Key government officials wholeheartedly assert that telecom liberalization efforts are not going to be stalled by Tigray conflict.