ADDIS ABABA (Reuters) - Ethiopia has appointed a transaction adviser in the privatization process for state-run Ethio Telecom, and another adviser will be selected in coming weeks to oversee licensing ...

© A customer holds a 3G prepaid sim card after buying the service from an Ethio-Telecom shop in Addis Ababa, Ethiopia, November 12, 2019. REUTERS/Tiksa Negeri As ...

The country has appointed KPMG as adviser in the privatisation of state-run Ethio Telecom, and is seeking another for licensing. At least two new telecoms licences are to be awarded at the same time.

Foreign investors will compete for ownership of Ethiopia's electric company. The process to privatize Ethiopia’s state-owned telecom operator, Ethio, and issue two new licenses has intensified with ...

(Bloomberg) -- Ethiopia may use some of the proceeds from part-privatizing state companies to pay off government-guaranteed debts issued by lenders including the largest state bank by assets. Selling ...

Ethiopia may give up majority control over its telecommunications monopoly in a second phase of privatization once it’s sold 49% of the company next year. The government could also issue more ...

ADDIS ABABA/JOHANNESBURG (Reuters) - In the weeks since Ethiopia announced sweeping privatization plans after decades of state control, foreign businessmen have been beating a path to Belachew Mekuria ...

State monopoly Ethio Telecom, expected to be partly sold off as Ethiopia liberalises its economy, saw a 31.4% rise in revenues in the 12 months to end-June, versus a year earlier, the firm's chief ...

Ethiopia has appointed a transaction adviser in the privatisation process for state-run Ethio Telecom, and another adviser will be selected in coming weeks to oversee licensing in the telecoms sector, ...