Ethiopia calls for Africa to promote digital financial services to boost women’s economic opportunities. In a panel discussion of G-7 and African countries during the 75th UN General Assembly, Sate Minister of Finance Eyob Tekalign emphasized the importance of focusing on financial inclusion, which he said plays an eminent role in women’s and girls’ economic...
Ministry of Finance revealed today that it will issue invitation for bid to international telecom companies to award two bidders that take over 40 percent stakes of Ethio Telecom in October 2020. The ministry held a consultative meeting today with private, financial and IT sectors to get their feedback on the privatization process, particularly in the...
During September 2020, the Ethiopian Ministry of Innovation and Technology will launch the call for tenders to recruit the company that will design and build the national Tier 3 data center. Through this infrastructure, the government is preparing for the country’s entry into the digital economy. The government of Ethiopia will soon equip the country...
The Ethiopian government has set February 2021 as the new deadline for completing the opening of the telecom market to competition through the partial privatization of the incumbent operator Ethio Telecom and the award of two new telecom licenses. Prime Minister Abiy Ahmed said the two telecom operator license the government is set to issue...
Ethiopia has set a new deadline of February 2021 to complete the partial privatisation of the country’s telecommunications industry, with carriers such as Orange, Vodafone Group and MTN Group keen to expand into a market of more than 100 million people. Prime Minister Abiy Ahmed’s administration is looking to auction two new mobile network licences and...
Ethiopia plans to sell a 5% stake in its state-run telecommunications firm to its citizens as part of measures to break up the monopoly, state-affiliated Fana Broadcasting said on Monday, quoting Prime Minister Abiy Ahmed. The sale of the stakes is part of Ethiopia’s plans to open up one of the world’s last closed telecoms markets...
The national telecom company, Ethio Telecom, has projected to generate a total revenue of 55.5 billion birr in the 2020-2021 budget year. Ethio Telecom’s management has unveiled a revised three year growth strategy and business plan for the 2020-2021 fiscal year. Briefing reporters on the business strategy on Wednesday at Hyatt Regency Hotel Frehiwot Tamru,...
Telecom has developed a three-year growth strategy for the three year period 1 July 2020 to 30 June 2023, and a business plan for the year 2020/21, the first year of the period for which it has devised a growth strategy. To ensure competitiveness and sustainable growth of the company, the strategy has been developed...
The Ethiopian Communications Authority has issued three additional directives for stakeholder consultation, the: (1) SIM Card Registration Directive, (2) Lawful Tariffs Directive, and (3) Competition Directive. The deadline for submission of comments on these directives will be September 15, 2020. Stakeholder comments may be addressed to the Authority via e-mail at consultation@eca-ethiopia.com, and preferably, as attachments in both...
The Ethiopian Communications Authority hereby issues for stakeholder consultation the Amharic versions of the: (1) Telecommunications Interconnection Directive, and (2) Telecommunications Infrastructure and Collocation Directive. The Authority also takes the unusual step of reissuing the English versions of these two draft directives that incorporate helpful comments it received from stakeholders since the Authority issued the...
