World Bank to Support Ethiopian Internet Service With $157.4 Million

World Bank to Support Ethiopian Internet Service With $157.4 Million

International Finance Corporation and Multilateral Investment Guarantee Agency of the World Bank Group have announced a $157.4 million equity investment to provide millions more Ethiopians with accessible, dependable mobile and internet services. According to a statement from the IFC, the money is a component of the ongoing expansion of Safaricom Ethiopia’s telecom network, a significant…