Via Reuters, a report on Ethiopia’s plan to open up its telecom sector: Ethiopia is aiming to award telco licenses to multinational mobile companies by the end of the year, ending a state monopoly and opening up one of the world’s last major closed telecoms markets, three people with direct knowledge of the process said. […]
Read more »Courtesy of STRATFOR (subscription required), a detailed look at Ethiopia’s investment potential: Highlights Addis Ababa will proceed carefully toward the partial privatization of large state-owned enterprises like Ethio Telecom, Ethiopian Airlines and others in 2019. Ultimately, the transparency of the process will give investors key insight into the government’s intentions regarding privatization. Ethiopia’s rising economic […]
Read more »Via Bloomberg, a report on Ethiopia’s economic challenge: Ethiopia’s new leader faces a critical decision on whether to open up parts of the Horn of Africa nation’s booming economy after making moves to reduce the stake of the military, former Prime Minister Hailemariam Desalegn said. Premier Abiy Ahmed inherited what the International Monetary Fund ranks as Africa’s […]
Read more »Via AllAfrica, a report on Ethiopia’s investment potential: Foreign Direct Investment (FDI) has been steadily growing in Ethiopia due to the various incentives both federal and regional governments offer to investors. The incentives include tax holidays, improved bureaucracy and infrastructure development. The government has been investing heavily to improve the country’s infrastructure that added values […]
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