Daily News from Ethiopia
ADDIS ABABA – Ethiopia has issued a request for qualifications or RFQ from private operators seeking to participate in the bidding process for the second new full-service telecommunications license or License B.
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ADDIS ABABA – Awash Bank flexes its financial muscle to prepare for eventual competition with foreign investors with a decision to raise its paid-up capital 55 billion Birr (approximately $1 billion US dollars)
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ADDIS ABABA – The Council of Ministers on Saturday passed a landmark decision to open the Ethiopian Banking Sector to foreign investors.
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Reopens Bidding on Second Telecom Licence
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ADDIS ABABA – Ethiopia will reopen bidding for its second telecoms operator licence this month, said the regulatory agency of the Communication sector in the East African Nation.
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ADDIS ABABA – The Government of Ethiopia has formally signed an operating licensing agreement with a consortium of private companies, making good on its promise to end a decades-long monopoly in the country.
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