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Ethiopia launches plan to sell 40% of Ethio Telecom
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The Government of Ethiopia has released a Request for Proposal ( RFP ) for the Partial Privatization to invite proposals from interested parties who can add value to the Company by bringing in best practices in terms of operations, infrastructure management, and next-generation technological capabilities
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UPDATE: Ethiopia Launches Tender Process to Sell 40% Stake in Ethio Telecom at Tadias Magazine
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1/4 A customer holds a 3G prepaid sim card after buying the service from an Ethio-Telecom shop in Addis Ababa, Ethiopia, November 12, 2019. REUTERS/Tiksa Negeri/File Photo
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Ethiopia on Monday launched a tendering process for the proposed sell-off of a 40% stake in state-owned carrier Ethio Telecom to private investors, part of the government s broader plan to open up the Horn of Africa country s economy.
Interested investors can now submit so called expressions of interest (EOI), the first of a series of stages that will lead to picking of a successful bidder, Zinabu Yirga, Deputy Director of Public Enterprises Holding and Administration Agency told a press conference in the capital Addis Ababa.
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ADDIS ABABA: Ethiopia on Monday launched a tendering process for the proposed sell-off of a 40per cent stake in state-owned carrier Ethio Telecom to private investors, part of the government s broader plan to open up the Horn of Africa country s economy.
Interested investors can now submit so called expressions of interest (EOI), the first of a series of stages that will lead to picking of a successful bidder, Zinabu Yirga, Deputy Director of Public Enterprises Holding and Administration Agency told a press conference in the capital Addis Ababa.