Ethiopia awards telecom licence to Safaricom-led consortium

The Council of Ministers has unanimously made a historic decision on May 2021, allowing Ethiopian Communications Authority to grant a new nationwide telecom license to the Global Partnership for Ethiopia which offered the highest licensing fee and a very solid investment case.

With over USD 8 billion total investment, this will be the single largest FDI into Ethiopia to date.

The  government’s desire to take Ethiopia fully digital is on track. I would like to thank all that have taken part in this and for pulling off a very transparent and effective process!