Ethiopia invites bids for 40 percent stake in giant Ethio Telecom

Ethiopia invites bids for 40 percent stake in giant Ethio Telecom

Ethiopia invites bids for 40 percent stake in giant Ethio Telecom

The Ethiopian government on Tuesday, September 14 announced that it has launched a bidding process for private investors to buy a 40 percent stake in state-owned telecommunications service provider, Ethio Telecom.

The Ethiopian Ministry of Finance, which is leading the bidding process, released the request for proposal (RFP) for the partial privatisation.

For more information, please see https://www.theeastafrican.co.ke/tea/business/ethiopia-bid-ethio-telecom-3550912

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