Council Gives Approval to Communications Authority to Grant New Telecom License

Addis Ababa, May 22, 2021 (Walta) –The Council of Ministers has made a decision today allowing Ethiopian Communications Authority to grant a new nationwide telecom license to the Global Partnership for Ethiopia which offered the highest licensing fee and a very solid investment case.

“With over $8 billion total investment, this will be the single largest FDI into Ethiopia to date,” the Prime Minister noted on his Facebook page.

“Our desire to take Ethiopia fully digital is on track. I would like to thank all that have taken part in this and for pulling off a very transparent and effective process,” he added.