Authority Sets January Deadline for Telecom License

Oct 2 , 2021


The Ethiopian Communications Authority (ECA) has set January 2022 as the deadline to issue a second telecom operator's license. Last week, the Authority issued a Request for Proposals (RFP) from prospective investors interested in acquiring the license, dubbed "License B." Bidders are expected submit their proposals by December 20, 2021, should they have an interest to invest in the telecom industry of Africa's second most populous country. In contrary to the restriction in place when the tender to award the first telecom license was floated, mobile banking services will be open to the winning bidder this time. The last tender saw two bidders, MTN and the Safaricom-led consortium, though officials had hoped more investors would show interest. The Safaricom consortium is gearing up to launch operations in 2022 after successfully acquiring a license for 850 million dollars earlier this year.


Radar

Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


Radar

AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Radar

Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...


Back
WhatsApp
Telegram
Email