The partnership aims to start operations in Ethiopia as early as 2022.
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.
The consortium offered up USD 850 million for the license fee and USD 8.5 billion in investments.
Bidding for the two telecom licenses that the Ethiopian Telecommunications Authority is providing closed today
There are only two effective bidders given that Vodafone, Vodacom, CDC Group, Safaricom, and Sumitomo Corporation submitted a joint application…
Ethio Telecom has partnered with Huawei for the 4G expansion services being rolled out across the country
Within the past month Ethio Telecom, in collaboration with Huawei, has launched 4G services in the South-South West region and…
Safaricom CEO had announced that it had made the shortlist for the Ethio Telecom licenses being bid for
World Bank opposes Ethiopia’s telecom regulations; say the government should relinquish monopoly on services
The National Bank of Ethiopia has issues a directive that prohibits foreign companies from providing digital banking services; meanwhile Ethio…
The reduced bid is a byproduct of the prohibition of foreign mobile banking services.