The Government of the Federal Democratic Republic of Ethiopia (the “Ethiopian Government”) is proposing a partial privatization of Ethio Telecom, a public enterprise established by virtue of the Ethio- Telecom Establishment Council of Ministers Regulation No. 197/2010 (as amended by the Ethio- Telecom Establishment (Amendment) Council of Ministers Regulation No. 480/2021), engaged in providing telecommunication services in Ethiopia (“Company”), by offering equity shares, which constitute 40.00% of Company’s equity share capital (“Stake”) (“Proposed Transaction”).

In light of the aforesaid, the Ethiopian Government has issued Invitation for Expression of Interest (“IEOI”) describing further details of the Proposed Transaction, instructions pertaining to the submission of the Expression of Interest (“EOI”) and brief understanding of the Company. The documents can be downloaded from PEHAA website at www.pehaa.gov.et.

Please note that as per the IEOI dated 15 June 2021, the last date for submission of EOI is 14 July 2021.

Note: Please note that this invitation should not be construed as a binding offer on the part of the Ethiopian Government and the Ethiopian Government reserves the right to amend, modify, or withdraw this IEOI at any time without assigning any reason and without incurring any liability.

The Government of the Federal Democratic Republic of Ethiopia, Ministry of Finance (“MoF”)

Public Enterprises Holding and Administration Agency (“PEHAA”)

Contact for any information:

Fikerte Seferah (Privatization Affairs Director)

Email:This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone;- +251-011-661-10-33

 

The Public Enterprise Holding and Administration Agency (PEHAA)wishes to engage a qualified and experienced Transaction Advisor to provide privatization transaction advisory services for the privatization of state owned sugar estates (Ethiopian Sugar Corporation) and carry out all the necessary work that are pertinent for a successful privatization transaction.These estates are Welkayit, Tendaho, Kesem, Omo Kuraz-1, Omo Kuraz- 2, Omo Kuraz-3, Arjo-Dedesa, and Tana-Belese Sugar Estates

For more Information read "REQUEST FOR EXPRESSIONS OF INTEREST(CONSULTING SERVICES – FIRMS SELECTION) For TRANSACTION ADVISORY SERVICE FOR THE PRIVATIZATION OF STATE OWNED SUGAR COMPANIES (SOSC)" document

Hiber Sugar Share Company:

Hiber Sugar Share Company is a producer of Sugar, Ethanol, Organic Fertilizer, Bio Diesel and Electric Power in Ethiopia. Hiber Sugar Share Company is a privately owned Ethiopian business that aims to raise capital from the sale of shares to the public and set up a Sugar Factory. Thirty investors and sugar industry professionals have started the share company. The company is established according to the provisions of the Ethiopian Commercial Code and has already obtained an investment permit to cultivate sugar cane and build a sugar factory on 25,000 hectares land.:

 

Netherlands Development Organization’s (SNV) Innovation Against Poverty (IAP) project aims to boost private sector contribution to alleviate poverty sustainably through co-financing inclusive and innovative business concepts through a competitive process.

The project has successfully invested in 11 competitively selected companies in Ethiopia and 35 companies globally. Due to the successful nature of the project, the second phase has been approved.

We would like to inform you that the IAP Second call for proposals is tentatively scheduled for the last week of March 2020. The count down has started http://innovationsagainstpoverty.org/.

Below is further detail information about the project:

  • Two Steps evaluation process: first concept note and then the full business plan. The estimated time frame from concept note to contract is 6-20 weeks. Guidance on the application process, business mentoring and coaching is provided during the business plan development and implementation of the proposed business concepts by SNV advisors, BoP Innovation Center, LCBs, etc.
  • Open to three sectors of SNV and ICT as enabling service for the three sectors: WASH, Energy, and Agriculture.
  • Grant amount between €50,000-200,000 EUR
  • The disbursement system of the fund is on a reimbursement basis but in special cases, it can consider partial reimbursements.
  • Investee (Private sector) project time frame: 2yrs
  • Private Sectors preferred to apply: are well established (have operations of three and more years of stable business) and have better reputation in-terms of compliance to professional financial and business operations, also can take on some of the risks in the new business concept investment which is the minimum amount of 51% of total investment needed for the business proposal. The company’s investment can be both in cash and in-kind (wherein kind can cover up to 20-25% of the funding requirement).
  • Key assessment criteria for the business concepts
    • Both product and process innovations,
    • Inclusive impact on employment, income and access to basic services to the poor (the larger the impact level in terms of outreach and increased return the better the chance of showing value for money),
    • Commercially viable in the medium term (3yrs),
    • Scalable,

See More at https://snv.org/project/innovations-against-poverty-iap