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Ethiopia’s second telco license likely to ignite global investor interest

Ethiopia’s second telco license likely to ignite global investor interest

ETHIOPIA'S July 1 unveiling of a tender for a second new telecommunications license opens Africa's second-largest market to more competition and comes after its market-liberalising test run with Safaricom hit pay dirt. "There are several positive developments occurring in the Ethiopian telecommunications sector since the beginning of the liberalisation process," the Ethiopian Communications Authority said in a request for qualifications (RFQ) notice. The tender follows regional mobile giant MTN's unsuccessful attempt in 2021 to secure a license despite placing a substantial US$600 million bid. The staggering size of the bid underscored the appeal of Ethiopia's mobile phone and internet market,…
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Ethiopia launches tender for new telecoms licence

Ethiopia launches tender for new telecoms licence

ETHIOPIA has launched a tender for a second new telecommunications license, its communications authority said, opening up one of Africa's largest markets to further competition. Ethiopia's telecoms industry is considered a big prize in Prime Minister Abiy Ahmed's push to liberalise the economy after he took over in 2018, thanks to a large population of about 120 million. Kenya's Safaricom launched its mobile network in Ethiopia in October last year, becoming the first private operator alongside state-owned Ethio Telecom which had hitherto enjoyed a monopoly. "There are several positive developments occurring in the Ethiopian telecommunications sector since the beginning of the…
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‘Kenya plan to help poor plagued by irregularities’

‘Kenya plan to help poor plagued by irregularities’

GEORGE OBULUTSA A Kenyan government programme intended to help the capital's poorest citizens weather the pandemic was crippled by irregularities including cronyism and benefited just a fraction of those in need, Human Rights Watch (HRW) said on Tuesday. President Uhuru Kenyatta announced the 10 billion-shilling ($92.51 million) cash transfer programme in May 2020, two months after the East African nation entered a strict lockdown. A report by the U.S.-based rights group found that officials in charge of enrolment frequently ignored eligibility criteria "and directed benefits to their relatives or friends, even in cases where they did not meet the criteria".…
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