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162 Ethiopia’s telecommunications regulator awarded one operating license to a consortium led by Kenya’s Safaricom Vodafone, Japan’s Sumitomo Brook Taye, and UK finance agency CDC Group. The Council of Ministers has unanimously made a historic decision today allowing Ethiopian Communications Authority to grant a new nationwide telecom license to the Global Partnership for Ethiopia which offered the highest licensing fee and a very solid investment case, Prime Minister Abiy Ahmed said through his Twitter handle on Saturday. East Africa’s mobile telecommunication giant Safaricom owns 56 percent, Japan’s Sumitomo 25 percent, CDC 10 percent, Vodacom 6 percent, and the rest is owned by the UK sovereign investment fund in the global partnership for Ethiopia consortium.

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