Exclusive: France’s Orange withdraws from process to buy stake in Ethio Telecom

[ad_1] NAIROBI, Nov 27 (Reuters) – French telecoms firm Orange (ORAN.PA) told Reuters on Monday that it had decided to withdraw from the process to purchase an up to 45%…

G20-led summit for Africa highlights renewed interest in fast-growing continent

[ad_1] Berlin summit to foster economic reforms, investment in Africa Major powers jostling for influence, opportunities on continent African leaders to meet Scholz, Macron BERLIN, Nov 18 (Reuters) – Leaders…

Vodacom profit hit by Ethiopia losses but Egypt lifts revenue

[ad_1] A shopper walks past a Vodacom shop in Johannesburg February 4, 2015. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights Half year HEPS down 4.2% Ethiopia business to breakeven in 2026…

UN agency joins US in suspending food aid to Ethiopia after diversions

[ad_1] NAIROBI, June 9 (Reuters) – The United Nations World Food Programme (WFP) said on Friday it was suspending food aid in Ethiopia due to the widespread theft of donations,…

Texas Pipeline Firm Energy Transfer Adds to Shale Holdings in $7.1 Billion Deal

[ad_1] Energy Transfer said the purchase of rival Crestwood Equity Partners would benefit its natural-gas and crude-oil businesses by adding storage and terminal assets. [ad_2] Source link

Safaricom appoints new CEO for its Ethiopia business

[ad_1] NAIROBI, June 27 (Reuters) – Safaricom (SCOM.NR) has appointed Wim Vanhelleputte as chief executive officer of its Ethiopia business from September, an internal memo seen by Reuters on Tuesday…

IMF expects ‘continued tangible progress’ from global sovereign debt roundtable

[ad_1] WASHINGTON, June 8 (Reuters) – The International Monetary Fund on Thursday said it expects the global sovereign debt roundtable to make “tangible” progress toward quicker debt restructurings for heavily…

Ethiopians vote as opposition alleges some irregularities

[ad_1] Prime minister came to power with sweeping reforms Activists say gains threatened, cite abuses in Tigray Conflict and coronavirus have knocked economy Many candidates running for ethnic party tickets…

Ethiopia to offer up to five banking licenses to foreign investors

[ad_1] ADDIS ABABA, May 3 (Reuters) – Ethiopia will issue up to five banking licenses to foreign investors in the next five years, part of plans to open up the…

France carries out new evacuation operation from Sudan

[ad_1] PARIS, April 27 (Reuters) – France has evacuated more people from Sudan, the French foreign ministry said on Thursday, adding that those evacuated included not only French nationals but…