Ethiopia offers 45% stake in partial sale of state telecoms monopoly

Ethiopia offers 45% stake in partial sale of state telecoms monopoly

Ethiopia offers 45% stake in partial sale of state telecoms monopoly Ethiopia presses ahead with the sale and the liberalisation of the sector    A woman walks past an Ethio Telecom office in Ethiopia's capital, Addis Ababa, November 9, 2015.NAIROBI - Ethiopia's government is selling a 45% stake in its Ethio Telecom monopoly, an adviser to the state minister of finance said, as it presses ahead with the sale and the liberalisation of the sector despite an armed conflict in the north of the country."It is 40% to all interested bidders and 5% will be dedicated to Ethiopians. The 55% will remain with the government of Ethiopia," Brook Taye, senior adviser at the ministry of finance, told Reuters.(Reporting by Duncan Miriri; editing by Jason Neely) (([email protected]; Tel: +254 20 4991239; Reuters Messaging: [email protected]))Zawya Coveragetravel and tourismUAE tourism outlook: Demand for domestic experiences to grow more than everfintechBahrain's Bidayatech starts MENA's first reward-based crowdfunding platformreal estateDubai developer sees surge in property enquiries from Israeli buyersretailSaudi mall operator Arabian Centres to build outdoor shopping centreequitiesAnalysis: Saudi banks post better-than-expected Q3 resultsMoreReuters CoveragebondsOman tightens guidance for tap of existing bonds, orders top $1.5bln - sourcestradeFrance's Le Maire to push digital tax in first