The 10% sell-off of Ethio Telecom is finally going ahead. In fact Reuters reports that Ethio Telecom will become the first company to list on Ethiopia’s new stock market next week when the government sells a 10% stake in the company.
Germany’s railways may face a lack of financing security. Rail association Allianz pro-Schiene reports that the financing for railways is secure for a duration of only a single year. In comparison, Austria and Switzerland have guaranteed longer-term financial security of six and twelve years respectively. Germany’s railways need multi-year financing security for construction and expansion […]
Orange Egypt has secured a syndicated loan worth over US$80 million from the European Bank for Reconstruction and Development (EBRD) and Banque Misr to help cover the cost of its recently acquired 5G mobile licence.