A staggering 845 billion birr in bad loans extended to state-owned enterprises by the Commercial Bank of Ethiopia (CBE) had ...

Ethiopia Investment Holdings, which controls 27 state-run companies, will sell 100 million shares in Ethio Telecom, Brook Taye, chief executive officer of the company, said at a briefing in Addis ...

LONDON, Oct 9 (Reuters) - Ethio Telecom will become the first company to list on Ethiopia's new stock market next week when the government sells a 10% stake in the company, Brook Taye, the CEO of ...

Ethiopia's government on Wednesday launched a sale of shares in the historic telecoms operator Ethio Telecom, in what it ...

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 carrier Ethio Telecom will kick off its plans to sell a 10 percent stake next week. The planned sale comes ahead of the company's listing on the country's new stock exchange. Reuters ...

ADDIS ABABA, Oct 16 (Reuters) - State-owned Ethio Telecom has set a share price of 300 birr ($2.54) for the 100 million shares it plans to sell via the company's mobile payment service prior to a ...

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State-owned operator Ethio Telecom has officially expanded its commercial 5G network in southern Ethiopia, as the operator continues to deploy fifth-generation technology.

ADDIS ABABA-Ethiopia is well-positioned to become a digital leader in East Africa, with the nation's digital economy ...

"The 130-year-old Ethio Telecom is offering ten percent of its shares to the public, laying the groundwork for Ethiopia's stock market," Prime Minister Abiy Ahmed wrote on X. The move will expand ...