Econet-Global

Econet could Buy as much as 49% of State-Owned Telecoms in Ethiopia

Posted by - February 28, 2020

Econet Global is interested in purchasing a telecommunications licence in Ethiopia, reports TechCentral. The company, founded by Zimbabwean billionaire Strive Masiyiwa, could be one of the first foreign investors to do so since the industry opened up. According to the report, the “Horn of African nation has announced plans to sell as much as 49%

WorldRemit set to boost Ethiopia’s remittance income

Posted by - January 16, 2019

Digital remittance transfer company, WorldRemit is set to boost Ethiopia’s income from remittance by partnering with Commercial Bank of Ethiopia (CBE). The new strategic partnership significantly increases WorldRemit’s footprint in Ethiopia, enabling its customers in over 50 countries to make mobile money transfers to over 1.2 million CBE Birr wallets as well as any mobile