Ethiopia seeks expressions of interest for 40% of State telecoms company

Ethiopia called for expressions of interest for a minority stake in the State-controlled telecommunications company, starting the process of recruiting a second major investor into the country in less than a month. Investors have a month, beginning June 15, to submit interest for 40% of Ethiopia Telecommunications Corp, Brook Taye, a senior advisor at the finance ministry, told reporters in Ethiopian capital, Addis Ababa. Requests for proposals will be issued thereafter, Brook said.