East African investors have been locked out of the initial public offering (IPO) of the Ethiopia’s state owned telecommunications company. Only Ethiopian citizens will be able to buy shares from Ethio Telecom I’m the ongoing IPO. “The offer is being made solely to Ethiopian citizens who are physically present in Ethiopia,” reads the prospectus of…...
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Ethio Telecom IPO targets Ethiopians solely, locking out regional investors
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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