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Tag: Tesfaselassie Berhane

Eritrea offers Stake in State Telco, but not to Foreigners

January 6, 2013November 15, 2014TesfaNews11 Comments on Eritrea offers Stake in State Telco, but not to Foreigners

By Reuters, Eritrea is selling a stake in its state-owned telecom operator (EriTel) as part of plans to boost private investment in the Red Sea state, but the company’s chief executive said the offer was only open to domestic buyers. Africa’s rapidly growing telecoms industry has become a symbol for the continent’s growth, with subscribers across […]

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