The Ethiopian government recently said that it would sell up to 45 percent of Ethio Telecom, a state-owned monopoly, up from an initial offer of 40 percent.

Ethiopia launched the process for the partial sale of the behemoth carrier in 2021 as part of a push to open up the country’s tightly controlled economy.

For more information, please see https://www.theeastafrican.co.ke/tea/business/ethiopia-raises-stake-of-ethio-telecom-up-for-sale-4118004