Vodacom thrilled after Safaricom-led consortium wins Ethiopia license

Economic news

A telecoms consortium that includes Vodacom has cracked a rare greenfield opportunity in Ethiopia after winning a coveted bid for the country’s first private-use license in the sector. Now that the bid is in the bag, the next steps for the collective involves setting up an operating company in Africa’s second-most populous nation, in order to start rolling out telecoms services in 2022. The introduction of competition in Ethiopia’s telecoms sector forms part of the country’s government-initiated Economic Reform Agenda introduced in 2019 and is backed by the IMF.

Source : The Africa Report

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