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.
Underlining the continuing effect of the AI boom on Asia, Thailand has reportedly approved an estimated US$2.7 billion of investments in data centres and cloud services from both local and foreign firms.
Global digital operator Veon Group says it has reaffirmed its confidence in the growth potential of Pakistan’s microfinance sector and Mobilink Bank, part of the Veon Group, by investing US$15 million in fresh capital to drive the bank’s strategic ambi…