The partial privatization of Ethio Telecom is part of the process of liberalizing the Ethiopian telecom market. The government had originally planned to sell 40% of the historic operator. Finally, it announces that it wants to sell "up to 45% of Ethio Telecom's capital to an international company as part of the partial privatization" of the historic operator. To this end, the Ethiopian Ministry of Finance has launched a call for proposals published on Thursday, February 9.
According to Muriel Edjo, Chief Editor at We Are Tech, Africa is adopting 5G faster than expected, but not yet fast enough to meet the exploding demand for connectivity driven by new uses such as videoconferencing, streaming, e-sports, e-health, and remote work. Not to mention the rapid progress of AI and the growing importance of data that are disrupting the economy and public administration. Most of the major African telecom operators are ready to deploy this technology on a large scale. But they face several obstacles that the report "5G in Africa: The Challenges Facing Telecom Operators" aims to identify.
Disrupt Africa has released its annual report on funding for African startups and announces a historic record despite the global slowdown in the venture capital sector. For the first time, the media claims, the $3 billion mark has been surpassed. This is also the first time that this report is made available for free thanks to several sponsors Flat6Labs, MarketForce, 4Di Capital, Mercy Corps Ventures, Newtown Partners, and InsiderPR