privatisation

MTN walks away from Ethiopia despite mobile money permit clause

Ethiopia has formally announced that it will launch the process to award a second new mobile licence later this month, including a permit to offer financial services. But despite the removal of what has been widely seen as a key stumbling block in the liberalisation of the country’s telecoms market, African telco giant MTN is reportedly no longer interested.

Nigeria sets two-month deadline on Nitel privatisation

Nigeria’s government has set a 60-day deadline for the privatisation of the state-owned incumbent telco Nitel, including mobile operation M-Tel. The announcement came on Monday as the Nigerian vice-president, Dr. Goodluck Jonathan, appointed a new board to the company to oversee its stabilisation.