The News Ethiopia’s state-owned Ethio Telecom sold only 10.7% of shares in its initial public offering aimed at boosting investment in the country’s struggling economy.

Ethiopia’s state-owned Ethio Telecom sold only 10.7% of shares in its initial public offering aimed at boosting investment in the country’s struggling economy.

Ethio Telecom Sells Shares Ethio Telecom sold 10.7 million shares in its first stock sale. It raised 3.2 billion birrs from over 47,000 people. Only Ethiopian citizens could buy shares.

CEO of Ethio telecom, Frehiwot Tamru and a Mastercard delegation led by Mark Elliott, President of Mastercard Africa, held a strategic meeting focused on collaborative opportunities to leverage ...

The partnership will focus on integrating Ethio Telecom’s telebirr mobile money platform with Mastercard’s global payment solutions to deliver innovative digital financial services.

Addis Ababa, February 12, 2025 (ENA) -- Ethio telecom announced that it has generated 61.9 billion birr in the first half of the 2016/17 Ethiopian Fiscal Year. Ethio telecom's CEO, Frehiwot Tamiru ...

Ethio Telecom’s partnership with the African Development Bank to accelerate digital transformation in Ethiopia and across Africa.

ADDIS ABABA- Ethio-telecom has announced that its annual Cybersecurity Awareness Program has significantly bolstered Ethiopia's defenses against cyber-attacks, creating a resilient digital ...

5G deployment in Ethiopia’s city Hawassa will provide faster connectivity for consumers and enterprises. Ericsson provided industry-leading 5G equipment and services that cater to the connectivity ...

News The move is set to bring increased private investment to the country Ethiopia is set for the historic launch of its first stock exchange this week, the Ethiopian Securities Exchange (ESX). The ...