Ethiopia's government is discussing selling 10% of state-owned telecoms company Ethio Telecom via a local stock exchange that is being launched this year, Prime Minister Abiy Ahmed said on Tuesday.

Ethio Telecom will become the first company to list on Ethiopia's new stock market next week when the government sells a 10% stake in the company, Brook Taye, the CEO of its owner Ethiopia ...

During the IPO, which commenced on October 16 and closed on February 14, Ethio Telecom sold 10.7 million shares out of 100 million on offer, Chief Executive Officer Frehiwot Tamiru said at a press ...