The recently established Ethiopian Communications Authority (ECA) today host a consultation meeting on Ethiopian telecommunication reform process and regulatory framework with potential investors gathered from different parts of the world.
Tag: privatization
Ethiopian Airlines generates $4.2 billion revenue
Ethiopia Airlines Group generates total revenue of 114.6 billion birr (about $4.2 billion) during the Ethiopia fiscal year concluded July 7, 2019.
Ethiopia’s privatization urgency sparks debate
Intellectuals and business leaders gathered in Addis Ababa this morning debate about the benefits of Ethiopia’s “urgency” to privatize the state owned mega enterprises such as Ethio Telecom and Ethiopia Airlines among others.
Deconstructing the privatization scam – A very British disease
By Kebour Ghenna – In Ethiopia, the next big item for sale is the Ethio Telecom. The Prime Minister is excited about it, his advisors are committed to it, and the World Bank is doing the advising. The justification for privatization, in this case, the transfer of public asset to international private investors, is that […]
Ethiopia invites investors to buy 13 sugar factories
The Ministry of Finance of Ethiopia and Ethiopian Sugar Corporation today invited buyers to express their intent to purchase one or all of the 13 sugar factories the government has recently decided to privatize.
French multinational logistics companies enter Ethiopian market
Following the recent decision of Ethiopian Government to liberalization its logistics sector, Bolloré Africa Logistics and CMA/CGM Group of France venture with two local logistics companies.
Ethiopia generates $3 billion selling state enterprises
By Andualem Sisay Gessesse – The government of Ethiopia has privatized 290 companies in 14 years from 1995-2015, according to the information obtained from the agency in charge of supervising and selling state enterprises.