Image Credit: REUTERS/Tiksa Negeri Ethiopia has announced a tender process for the sale of a 40% stake in state-owned telecommunications company, Ethio Telecom. That means potential investors can now register their interest starting Tuesday. This is the first stage in a lengthy process that will lead to the selection of a successful bidder. The proposed…

Abiy Ahmed, Ethiopia’s Prime Minister. Image credit: Alexandros Michailidis/Shutterstock Ethiopia has awarded one out of the two private telco licences it intends to award to a consortium that includes the Vodafone group. The consortium, which made a winning bid of $850 million, comprises Vodafone, Nairobi-based Safaricom Ltd, CDC Group Plc and Sumitomo Corp. The licence…