Ethiopia launches tender process to sell 40per cent stake in Ethio Telecom Toggle share menu Advertisement 14 Jun 2021 04:25PM Share this content Bookmark 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.