Ethiopian government launches tender for 40% stake in Ethio Telecom

Organisation pledges support for country’s Digital Ethiopia 2025 Strategy.

Kenya’s President urges authorities to allow foreign service providers to bolster local market competition.

Group President and CEO emphasises absence of reference to Mobile Money in agreement conditions.

Mobile receipts of remittances are gaining traction as markets continue to be impacted digitally by COVID-19, say experts.

Safaricom CEO details development during media conference.

Company looks to help digitally transform region, confident of a return on investment.

Consortium will invest US$8.5-billion into their network over the next ten years, according to Bloomberg report.

Government said it has forgone US$500m by preventing foreign operators from rolling out services.

Financial institution calls for government to open industry up to competition.

Communications Authority has closed the bidding process.

Telco makes move to consolidate market dominance ahead of entry of new operators.

Deadline for submission of bids extended till 26 April 2021.