Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, how much CDC has invested in the acquisition of the Ethiopia telecoms license with Vodafone and other consortium members; whether Ministerial approval was sought on that acquisition; and on what date such approval was sought.
The Global Partnership for Ethiopia was created specifically to bring about transformational economic and social impact through the provision of affordable mobile and internet services in Ethiopia.
The investment is expected to:
CDC expects to make a total investment commitment of circa $200 million as part of the Global Partnership for Ethiopia consortium.