Quite a few weeks after Ethiopia’s maiden initial public offering (IPO) closed, Ethio Telecom has revealed how many of the company’s shares were actually sold of the 100 million on offer – and it seems the total was very modest indeed.
The World Bank, described as one of the world’s largest sources of funding and knowledge for developing countries, says that more than 20 million Filipinos are going to enjoy better internet with the approval of World Bank funding for a Philippines gov…
Following news earlier this week of major UK development investments in telecoms in Senegal and Tanzania come announcements from the US Trade and Development Agency (USTDA) of support for projects in two Asian countries.
In a deal that seems to have been finalised last week but has only recently been widely reported, Uganda plans to sell 60% of its troubled state-owned service provider Uganda Telecommunications Corporation Limited (UTel) to Dubai-based global contracto…