Ethiopia Sale 10% on its IPO Mom is open for 121 days

(Bloomberg) – Ethiopia has raised 3,2 billion birr ($ 24 million) after the pre-four-month sales of women’s stocks open for more than four months.

The nation sold 10,7 million shares in Edition of Edition to Edition to Ethnia Telecom for 300 Birr, each company said on Friday. The occupancy of Ethiopia, contributed to the Telecommunition Government of the Telecommunication, 100 billion birr bidders from sales.

The offer was raised because of the target and Ethiopian investors were not allowed to bids executive

However, pavement of pavement for the operation of Ethiopian stock exchange, a minister of the Prime Minister Abmeds taken to open the economy. The last year the last year has ended half century that controls its currency and is setting up the business rules to tempt the investment

Tamru will be subscribed the share.

Ethio Telecom has about 81 million users in January and Report $ 61.9 billion birr at 6 months through January.

The nation has a stock market for 14 years until 1974, when the military loss stopped Seladie.

The New Bourse aimed 50 years of companies are called by five years, some pass the way called Introduction – which is not related to IPO.

– Having help from Monique Vanek.

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