Global law firm Norton Rose Fulbright has advised on the historic Ethiopia Telecoms deal which has been awarded Best Utilities Project at the World Bank Partnerships Awards. The Consortium was led by Kenya’s Safaricom Plc, the region’s leading telecommunications provider, and included Vodafone, Vodacom, BII Plc, and Sumitomo Corporation. The Consortium is set to create up to 1.5 million new jobs, upskill the workforce and bring $8.5bn in investment over 10 years. It has also established a precedent for future private entry into Ethiopia’s telecoms sector and the country, more generally. Norton Rose Fulbright partner Oliver Stacey, who led the team, said:“It was a huge honour for the project to receive this award and a privilege to be part of this historic digital transformation.

Source: Ethiopian News May 27, 2022 16:02 UTC