Bids

The Ethiopian government announced on Thursday the sale of 45% of the capital of the public operator Ethio Telecom, which lost its monopoly in 2022, a figure up from the 40% sale announced in November. "The Ethiopian government is proposing a partial privatization of Ethio Telecom (...) by selling up to 45% of its capital," the Ministry of Finance announced in a statement, citing the company's "solid financial performance". In November, the same ministry had announced the "sale of shares constituting 40% of the capital of the company. Launched in June 2021, the partial privatization of Ethio Telecom, a 100%…