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Kenyan president urges Ethiopia to open up mobile money market

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REUTERS June 8, 2021 Kenyan President Uhuru Kenyatta on Tuesday urged Ethiopia to open up its telecoms sector to personal cell cash enterprise buyers, a transfer that may complement a course of already underway to reform the sector and usher in overseas funding. Ethiopia is opening up its telecoms sector, hitherto a monopoly of the state-owned Ethio Telecom, and final month authorities awarded the primary personal operator licence. The licence was handed out to a consortium led by Kenya’s Safaricom (SCOM.NR), Vodafone (VOD.L), and Japan’s Sumitomo 8053.T. At the moment although solely Ethio Telecom is allowed to supply cell monetary companies whereas overseas operators are
The publish Kenyan president urges Ethiopia to open up cell cash market appeared first on ZeHabesha | Ethiopian Information | Newest Information for All.

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