The World Bank wants greater competition in Ethiopia’s telecom sector plans ...Middle East

Economy by : (Quartz) -
The Ethiopian government’s latest plans to open up its telecommunications sector and enter the mobile money market are sparking concerns over the fairness of its efforts. They come as the country faces immense financial pressures in the wake of the coronavirus pandemic and ongoing conflict in its northern Tigray state.Prime minister Abiy Ahmed’s plans to privatize the telecommunications industry have been a stop-start process since he first announced in 2018 that he would be inviting in competitors.  Government-owned operator Ethio Telecom currently monopolizes the country’s telecoms sector, one of the largest on the continent. A bidding war has since grown amongst international operators to

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