Which banks are advising MTN and Vodafone in their Ethiopian telecom license bid?
According to several sources consulted by Jeune Afrique Business+, the two candidates for a new telecom license in Ethiopia are assisted by different banks.
Someone shares this article with you
▪ Which banks are advising MTN and Vodafone in their Ethiopian telecom license bid?
▪ According to several sources consulted by Jeune Afrique Business+, the two candidates for a new telecom license in Ethiopia are assisted by different banks.
▪ https://www.africabusinessplus.com/en/807830/which-banks-are-advising-mtn-and-vodafone-in-their-ethiopian-telecom-license-bid/
The MTN Group, backed by the Chinese Silk Road Fund, is working with US investment bank JP Morgan, while the Vodafone consortium (made up of Safaricom, Vodacom Group, CDC Group and Sumitomo Corp) has retained UK bank Standard Chartered.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Bank
25/05/2023 at 16h55, by Africa Business+, updated 26/05/2023
Ethiopia’s Dashen Bank seeks international funding from FMO
Dashen Bank is on the verge of receiving dollar funding, a package that will benefit local farmers,...
Telecoms
08/09/2022 at 20h03, by Africa Business+
Ethiopia : STE sets sights on a 160-million $ cheque at the start of its funding round
The operator appointed to rival Ethio Telecom seeks financial backers to tackle the colossal East-African...
Telecoms
11/05/2022 at 15h35, by Africa Business+
MTN and Orange end Mowali JV due to lack of central bank approval
The two telecom giants are preparing to close their JV, according to internal sources.
Bank
09/05/2022 at 17h48, by Africa Business+, updated 10/05/2022
MTN/Orange JV Mowali increases its capital – again
The platform, a partnership between the two telephony titans, has chosen to raise its capital for the...
Telecoms
29/11/2021 at 18h01, by Africa Business+, updated 30/11/2021
Vodacom’s Shameel Joosub to capitalise on Vodafone Egypt’s financial services
Vodafone Egypt, put up for sale in January 2020, was bought by Vodacom in mid-November. The pan-African...
Media
19/11/2021 at 16h28, by Africa Business+, updated 22/11/2021
Spain’s MARCO acquires control of Africa Communications Media Group
With this acquisition, Didier Lagae’s communications agency has established itself south of the Sahara....
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.