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Ethiopian regulators deny claims that Safaricom is shortlisted for telecom licence

The Ethiopian Communications Authority (ECA) denies claims that Safaricom has been shortlisted to bid for one of the two telecom licences up for grabs. Obtaining the two licences for Ethiopia could be fruitful given the country’s massive population. 

The rebuttal came as rumor began swirling around that the authorities were to grant Safaricom the licence. This came after Safaricom led Consortium raised Kshs 55 Billion in bid to acquire the Ethiopian licence.

They expressed that as of date, no official proposal or documents have been filed to notify the authorities of their intentions to bid for the licence. The ECA expressing in a tweet:

ECA TWEET

So far, twelve people have notified the ECA of their intention to obtain the licences, of which nine were telecoms operators, two were non telecoms operators and one was incomplete. 

Those whom have shown interest are now to submit a proposal document by  April, 2021. The ECA forecasts the licences to be awarded in Q1 of this year. The successful bidder will be able to penetrate over 55% of the total population, and the licence will be valid for 15 years with possibility of renewal. 

 

SiGMA Africa

SiGMA is heading to Africa. The event will run across the continent in not one but three host cities – rotating every year: in 2022 we’re heading to the vibrant city of Cape Town in South Africa for the inaugural summit, SiGMA Africa will then fly West to Ghana the following year and in 2024 East to Kenya. With a record for attracting an audience from over 80 countries, SiGMA has the potential to set the stage with a global guest list of some of the best operators, suppliers, affiliates, regulators, and thought leaders in the gaming sector – bringing high-end innovation to the African gambling industry and driving sustainable growth throughout its nations.

The potential of future regulatory development, the notable presence of mobile gambling and of land-based gambling all play an important role, leaving the region ripe for investments – especially for the growing online casino sector.

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