Ethio Telecom to be the first company floated on Ethiopia’s stock exchange
Total Telecom
OCTOBER 14, 2024
The first listing will be operator Ethio Telecom, the country’s largest telco, which will sell a 10% stake this week. The government has also announced plans to divest a further 45% stake in Ethio Telecom to investors in the future. With over 70 million subscribers, Ethio Telecom is a key player in Ethiopia’s digital transformation.
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