Image sourced from FurtherAfrica. The government of Ethiopia has announced today that it will be postponing the ongoing privatisation process of the state-owned Ethio Telecom, and did not set a timeframe for when the process will continue. In an announcement posted to Twitter by the official account of the Ethiopian Ministry of Finance, the Ethiopian federal government says that due to “recent developments” and “fast-moving macroeconomic changes both globally and from a country perspective, the government of Ethiopia has decided to postpone the privatisation process” of Ethio Telecom. pic.twitter.com/rNLYAijWnX — Ministry of Finance – Ethiopia (@MoF_Ethiopia) March 18, 2022 “The government of Ethiopia believes that taking time to accommodate the improved macroeconomic situation as well as ...
Image sourced from Techweez Safaricom’s plans to expand into Ethiopia have hit a complication as a US State financier is threatening to recall its loans to a Safaricom-led consortium following an escalation of armed conflict in the horn of Africa. The US International Development Finance Corporation (DFC) says that acts of violence against civilians in Ethiopia’s Tigray region could affect the release of $500-million in loans to the consortium. If the conflict deepens, it could push the DFC to forgo the investments altogether and pressure the telecoms in the consortium to seek finances from elsewhere. War in Tigray DFC’s financing of the consortium had previously been thrown into doubt over US economic sanctions against Ethiopia related to the ongoing conflict in Tigray, which has killed t...
Image sourced from FurtherAfrica. Ethio Telecom is partnering with Ericsson to expand its 4G services into the South West region of Ethiopia during 2021. A decisive move that correlates with Ethiopia’s plans into introducing international investors and partners into their monopoly-laden and virtually untapped telecoms space. The service provider will use Ericsson Radio System products and solutions for this deployment. The core expansion will take place in Ethio Telecom’s regional data centres and the data centres in Addis Ababa. Through this partnership, Ethio Telecom will seek to modernise its network by transitioning from the current Operations Support Systems (OSS) systems to the more advanced and high-capacity Ericsson Network Manager (ENM). Ethio Telecom will also introduce Ericsson ...
Image sourced from Politico. /* custom css */ .tdi_4_c20.td-a-rec-img{ text-align: left; }.tdi_4_c20.td-a-rec-img img{ margin: 0 auto 0 0; } Social media mega-corp Facebook said on Wednesday that it had removed a network of fake accounts in Ethiopia targeting domestic users ahead of general elections next week in the country. The company said that the network was found to be linked with Ethiopia’s Information Network Security Agency (INSA). Posting mostly in Amharic about news and current events, including information about Prime Minister Abiy Ahmed and his Prosperity Party, the network of fake accounts was also posting critical commentary about opposition politicians and groups including the Oromo Liberation Front, Ethiopian Democratic Party and the Tigray People’s Liberation Front, among...
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Group CEO Ralph Mupita has made a three-day visit to Ghana and launched major projects that the operator aims to achieve by 2022, Ecofin reported. It intends to improve and expand network infrastructure to bring quality telecom services to rural areas and supporting Ghana’s QR code project and other digital initiatives such as combating cyber-attacks and developing women’s participation in ICT, he said. Mupita also revealed MTN’s intention to build an ICT centre in Ghana and finalise the opening of 30% of MTN Ghana’s capital to local investors by the end of the year. MTN plans to open up 30% of the capital MobileMoney by January 2022, too. Since March, the company has initiated a strategic repositioning to attract third-party capita...