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Loline

17 Oct, 16:24

Ethio Telecom is offering 10% of its stake via a public offering. But what does that mean? Discover the details in our latest article.

Read here 👉https://www.lolinemag.com/articles/ethio-telecom-is-opening-its-doors-to-the-general-public

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Loline

16 Oct, 16:48

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Loline

16 Oct, 16:45

After much anticipation, Ethio Telecom has finally gone public. Here are some details you must know:

- The company's valuation is ETB 300 Billion

- The company is offering 10% of its stake, which amounts to ETB 30 billion.

- Shares are being sold at ETB 300 per share

- A buyer can buy a minimum of 33 shares (ETB 9,900) and a maximum of 3,333 (ETB 999,900)

- The sale begins today (October 16, 2024) and ends January 3, 2025.

- Shares are sold through Telebirr SuperApp

Check out the prospectus document (uploaded below👇) for more details.

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Loline

13 Oct, 17:00

Last month, ecommerce giant AliExpress made a significant entry into the Ethiopian market. Ali Express looks eager about its Ethiopian entry, launching a dedicated portal with exclusive perks.

Given how rapidly Ethiopia’s ecommerce is growing, AliExpress’ eagerness is quite justified. Last year alone, ecommerce revenue in Ethiopia has grown by 23%. Currently, there are more than a dozen ecommerce platforms in Ethiopia working to meet this demand.

This positions Ethiopia as a prime hub for e-commerce growth. But AliExpress’ entry to Ethiopia could possibly be a game changer. How? You may ask.

Read More to Find Out

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Loline

11 Oct, 16:59

At last! You can log in to Telebirr via Wi-Fi or alternate SIM data. The only thing we’re wondering is... what took them so long?

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