Tony254
JF-Expert Member
- May 11, 2017
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Sources told Capital FM on Tuesday that it is true more than 30 embassies will be closed.
”It is true, but the Ethiopian embassy in Kenya will not be closed,” a source said, “Ethiopia considers Kenya a valuable partner and will not think of closing its embassy in Nairobi.”
Kenya has maintained very close ties with Ethiopia with increased businesses being opened in both countries, a confirmation of the growing ties between the two countries.
The latest is the award of a telecommunications license to Safaricom to operate in Ethiopia last month.
Ethiopia granted an operating license to a consortium of firms including Kenya’s Safaricom.
The consortium bid $850 million for the licence, according to senior finance ministry adviser Brook Taye.
The shake-up of the potentially lucrative sector — currently dominated by state-owned Ethio Telecom — is a cornerstone of Prime Minister Abiy Ahmed’s economic reform agenda.