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 mixed fortunes of WOM Colombia, the country’s fourth largest operator, have been at least slightly boosted by news of an acquisition that will allow it to continue to operate.
The Credit Fund of the African Continental Free Trade Area (AfCFTA) Adjustment Fund says it has successfully closed its first investment – and it’s a big one. AfCFTA is committing US$10 million to wholesale voice and SMS services and enterprise connect…