Ethiopia expects to sell a minority stake in Ethio Telecoms within nine months and tendering for two new licences will start on Dec. 1, an adviser to the state minister of finance said, brushing off ...

Ethiopia and the United Nations agreed on Wednesday to channel desperately-needed humanitarian aid to the northern region of Tigray, where a month of war is believed to have killed thousands of ...

ADDIS ABABA, Oct. 10 (Xinhua) -- The Ethio-Djibouti Standard Gauge Railway Share Company (EDR) has launched the construction of a railway expansion project, connecting an industrial park on the ...

The Ethiopian government has to make sure the playing field is level enough for both telcos, and also consider allowing space ...

“Safaricom’s FY24 revenue (USD53.6 million) does not even cover the annual costs of its licenses (USD1 billion over 15 years, including mobile money, or USD 66.7 million per year). Thus, this raises ...

Ethiopia will start selling a 10% stake next week in its largest telecommunications operator Ethio Telecom, ahead of a listing on the country’s new stock exchange. The public will be able to buy ...

Ethiopian telco Ethio Telecom has announced the final plan for its copper switch-off initiative. The carrier revealed plans to transfer the remaining 100,000 customers on its copper network over to ...

Ethio Lease, a foreign-owned financial company operating in Ethiopia, said it will close after the National Bank of Ethiopia changed currency laws and made it impossible for it to repay its debts. The ...

The telco, which serves over 70 million subscribers, confirmed it is initially offering 5G via 145 sites that have been deployed in the capital. This follows the pre-commercial 5G mobile broadband ...

Mulatu Astatke experienced his musical conversion as a teenager while supposedly studying engineering abroad, mastering piano, vibraphone and Latin percussion in London, Boston and New York. After he ...

The Ethiopian jazz great will perform at the Howard Theatre on June 23 and 24. Most of us don’t think of music as a science. Mulatu Astatke, the Ethiopian vibraphonist who created the style known as ...