Health

Kenyan president urges Ethiopia to open up mobile money market



REUTERS June 8, 2021 Kenyan President Uhuru Kenyatta on Tuesday urged Ethiopia to open up its telecoms sector to non-public cellular cash enterprise traders, a transfer that may complement a course of already underway to reform the sector and usher in international funding. Ethiopia is opening up its telecoms sector, hitherto a monopoly of the state-owned Ethio Telecom, and final month authorities awarded the primary non-public 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 present although solely Ethio Telecom is allowed to supply cellular monetary providers whereas international operators are
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