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Monday, August 31, 2020

Ethio Telecom, Privatization, Debt, and China

 Ethiopia Insight posted on 31 August 2020 a commentary titled "The Case for Partial Privatization of Ethio Telecom" by Fentaw Abitew, George Mason University.

Ethio telecom is not a cash cow as has often been claimed.  It is an indebted, malfunctioning liability holding back Ethiopia's economy.  Partial privatization will bring substantial opportunities for Ethiopia if supported by appropriate processes and public trust.  It should also help protect security interests by reducing debt exposure and reliance on Chinese infrastructure.