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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