South Africa's MTN Group will bid again for an Ethiopia operating telecom licence in the second round if mobile financial services are included, its CEO said on Friday after losing the first round.
Italian financial group Unipol has raised its stake in Popolare di Sondrio to 7%, in a move that may ease a tie-up between the regional bank and bigger rival BPER Banca.
Ethiopia's telecommunications regulator awarded one operating licence to a consortium led by Kenya's Safaricom Vodafone, and Japan's Sumitomo Brook Taye, a senior adviser at the finance ministry, said on Saturday.