Home Business Ethiopia invites bids for 40pc stake in Ethio Telecom

Ethiopia invites bids for 40pc stake in Ethio Telecom

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Mobile phone communication repeater antenna tower, with blue sky and white clouds.
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Business Daily | by Reuters


Ethiopia has launched a tendering process for the proposed sell-off of a 40 percent stake in State-owned carrier Ethio Telecom to private investors, part of the government’s broader plan to open up the Horn of Africa country’s economy.

Interested investors can now submit expressions of interest (EOI), the first of a series of stages that will lead to…

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