Via African Business, an article on Ethiopia’s telecoms licence sale which was expected to garner wide interest, but only two consortia placed bids: Ethiopia’s telecoms industry, the largest remaining state monopoly of its kind, was seen as the final frontier for a sector that has underpinned communications, education and healthcare during the pandemic. Addis Ababa viewed […]
Read more »Courtesy of The Financial Times, a report on UK’s Vodafone and Kenya’s Safaricom’s winning consortium for African country’s first licence sale: Ethiopia has awarded its first telecoms licence for $850m to a consortium including the UK’s Vodafone in what could herald the start of an opening up of Ethiopia’s closed economy. The consortium, led by Kenya’s […]
Read more »Via Quartz, a report on how the World Bank wants greater competition in Ethiopia’s telecom sector plans: The Ethiopian government’s latest plans to open up its telecommunications sector and enter the mobile money market are sparking concerns over the fairness of its efforts. They come as the country faces immense financial pressures in the wake of the […]
Read more »Via How We Made It In Africa, commentary on Ethiopia: Ascent has made several investments in Ethiopia; what are some of the opportunities and challenges there? Taking a top-bottom approach, Ethiopia is home to 110 million people, the second largest country in Africa in terms of population, after Nigeria. The median age of the country is 19.5 years, […]
Read more »Via African Business, a report on how one of the final frontiers of untapped growth in Africa is opening up as Ethiopia prepares to put two spectrum licences up for auction and sell a stake in Ethio Telecom: One of Africa’s most enduring telecoms monopolies is set for dramatic change in March, when the Ethiopian […]
Read more »Via Quartz, a report that Ethiopia is quietly walking back plans to open up Africa’s last big telecom sector to foreign players: Ethiopia’s planned opening up of the country’s telecommunications sector had international companies jostling to be among the first to get a slice of a largely untapped industry in Africa’s fastest growing economy. But […]
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