| Ethiopian ICT Park to Admit 70 New Companies
February 7, 2017 - The Ethio-ICT industrial park said it is making preparations to raise the number of companies operating in the park to more than 70 at the end of this Ethiopian fiscal year (2016/17), according to FBC.
About 20 local companies have already taken office space in the park which was inaugurated 20 months ago. Six foreign companies are also building offices after receiving spaces into the park.
Berhane Keleta, director general of Ethio-ICT industrial park, said more than 170 local and foreign companies have submitted requests to enter into the ICT park.
About 50 of them are expected to enter into the par
| Ethiopia Working On Launching Carrier Rocket
Note from the Editor: The title of this article has been modified to reflect and conform to the original title, per communcations we received from the ministry. The ministry felt the orginal title was misleading and it implied that Ethiopia was planning to launch rocket in three years. This was not the intent of the original story that appeared on this site and hence for the change and for this note. We sincerely apologize for any inconvenience this may have caused. --Ezega.com
The original story in full can be found on this
| Internet Shutdowns Hurting Ethiopian Economy - Report
December 30, 2016 - Since the government declared a six-month state of emergency at the beginning of October in response to escalating violence from protests seething since November 2015, internet restrictions and blocking of applications have increased in frequency, reports James Jeffrey. Beyond simple inconvenience, there is a mounting financial cost.
Internet shutdowns in Ethiopia between mid-2015 and mid-2016 lost its economy about $9m, according to a recent study by the US-based Center for Technology Innovation at the Brookings Institution, part of a total cost for 19 countries (including seven African countries) of $2.4bn.
| Chinese Smartphones Winning Greater Market Share
December 28, 2016 - As the largest market for smartphones, China has seen a decreased market share held by leading phone-makers including Apple and Samsung in 2016, with domestic brands being the biggest beneficiaries of these drop-offs, Economic Information reported on Dec. 28.
Samsung's market share dropped by 14.2 percent in the third quarter of 2016, the company's worst performance to date, which has mainly been attributed to battery explosions of Samsung phones over the past year.
Meanwhile, Samsung's foreign peer, Apple, has also failed to maintain its earlier performance. With st
| Ethiopia Plans to Become Wind Power Capital of Africa
December 20, 2016 - After a decade of rapid growth, Ethiopia's bubble is not bursting. Dubbed the 'African Lion' by economists, Ethiopia is the home of booming industry, new infrastructure, and showpiece summits. It has become a powerful force in the region and beyond, reports CNN.
To maintain this golden age, the East African state is pressing ahead with ambitious development plans, and renewable energy is core to the mission.
Ethiopia was among the most daring signatories to the Paris Agreement on climate change, committing to cut carbon emissions by 64% by 2030. The government has ploughed billions of dollars into hydropower megapr
| 6th Annual ICT Exhibition Opens in Addis Ababa
June 13, 2013 - The 6th ICT Exhibition, Bazaar and Conference under the theme “ICT for Sustainable Development” opened on June 6 at the Addis Ababa Exhibition Center and Market Development Enterprise, reports Capital.
This annual exhibition has the objective of increasing public’s awareness about Information Communication Technology (ICT) and its applications at grassroots level so as to speed up planned growth, says Birhane Keleta, Director of the Directorate of Private Sector ICT Development at the Ministry of Communication and Information Technology (MoCIT). <
| Indian IT Company Introducing Fingerprint Technology to Driving Licenses
December 17, 2012 - Techno Brain, an Indian global technology and IT solutions company, has commenced the undertaking of a project that aims at modernizing driving licenses in Ethiopia by using fingerprint technology, according to the Reporter. The company, which opened its offices in 2009 here in Ethiopia, is also engaged in providing technological services like Core Banking, Biometric and Grants Management.
During a meeting held at the Addis Ababa Hilton on Monday, Manoj Shanker, CEO of the company said that including the modernization of the driving licenses, his company is engaged in the introduction of a call
| Ethiopian Entrepreneur Starts Social Media Research Firm
November 23, 2012 - One week prior to the presidential election in the United States, Barack Obama’s campaign team contacted Ottawa entrepreneur Alem Legesse to help with last minute efforts to seduce key swing states, according to Ottawa Business Journal.
Mr. Legesse, founder of social media agency Syncrodata, had been tweeting to his thousands of followers about Mr. Obama’s book titled Dreams from My Father, drafting miniature chapter reviews in 140 characters or less.
| Ethio Telecom Launches 3G Network
May 28, 2012 - Ethio telecom has re-launched 3G network to enable clients to be the beneficiaries of a ‘modern and efficient’ third generation service, according to The Reporter. The third generation technology would enable clients to have a network quality that would be used to make voice calls, send and receive short messages (SMS), and more importantly, get a fast internet connection.
The third generation technology enables customers to quickly download music, stream video and send or receive e-mails and short messages.
In accordance with the company’s vision regarding world
| Hewlett-Packard (HP) Opens New Office in Ethiopia
April 29, 2012 - Hewlett-Packard Company (HP) has announced that it has started new operations in Ethiopia together with the opening of an office in Addis Ababa, according to the Reporter. HP has signed a Memorandum of Understanding with Addis Ababa University (AAU) which will allow HP and the university to work together.
According to the MoU, the two institutions will cater to the needs of new graduating students, Mesfin Makonnen, managing director of HP Ethiopia, said.
The programs that HP is going to carry out with AAU are HP graduate admin, HP sells university and HP south unive
| Internet Connection a Persistent Problem in Ethiopia
By Meron Tekleberhan
December 26, 2011 - A constant grievance heard in Addis Ababa has been the persistent problems experienced with internet connectivity. Customers of the sole internet provider Ethio Telecom often complain about various elements of internet service in the country including the slow speed of the connection, constant breaks in serv
| Ethiopian ICT Association Launched
January 25, 2011 -- An ICT association has been launched for the first time in the country, according to the Reporter. Following significant measures taken to improve the sector, the association, otherwise known as ICT-ET, has been launched Tuesday with Google financing the event on which its representatives presented the use of various application produced by the company to ICT professionals, businesses and state-owned organization including the newly formed Ethio Telecom.
Founded by a few private companies, ICT-ET was formally established on Novem
| Ethiopian Minister Announces Energy Saving Plan
January 14, 2011 - Ethiopia's Water and Energy Minister Alemayehu Tegenu announced plan for extensive use of energy saving equipment with a view to preventing energy misuse in the country, reports ENA.
Speaking at the opening of an exhibition organized for the second time under the theme “Electric Power for Socio-Economic Growth and Transformation,” here on Wednesday, the Minister said the government has put in place a plan for extensive use of energy saving equipment towards the same goal.
| Ezega.com Becomes One of the Most Viewed Ethiopian Websites Worldwide
"Rising through the ranks, Ezega.com has become one of the most viewed Ethiopian websites today. The site has been serving the Ethiopian community at home and abroad with quality news, information and business data in many areas consistently."
Santa Clara, CA, December 15, 2010 (Ezega.com) - In just over two and half years since its launch, Ezega.com rose through the ranks to become one of the most viewed Ethiopian websites today. The site has been serving the Ethiopia
| Newly Established Ethio-Telecom Starts Operation
December 3, 2010 - The Ministry of Communications and Information Technology said Ethio-Telcom has launched its operation that would enable the nation to get world-class telecom infrastructure and telecom service, according to ENA.
Speaking at the inauguration of France Telecom’s official announcement of the management contract of Ethio-Telecom, the Minister Debretsyon G/Michael said the newly established company would help the nation access modernized, qualified and reliable service.
He said the new cont
| Brazil Would Like to Share Bio-Fuel Technology with Ethiopia
November 30, 2010 -- Brazil is keen to share its rich experience in bio-fuel development with Ethiopia, Brazilian Ambassador to Ethiopia, Isabel Cristina De Azevedo Heyvaert said, according to ENA.
The Ambassador said Brazil has rich experiences in the area of bio-fuel development which she said is desirous of sharing to Ethiopia.
Brazil, as part of its energy and import substitution policy, do not import oil for its cars but use locally produce ethanol, which reduc
| Ethiopia's First Wind Power Farm Being Built in Tigray
November 3, 2010 -- The first wind turbine tower of the first wind farm project in Ethiopia has been erected in Ashegoda, some thirty kilometer from Mekelle, the capital city of the Tigray Regional State, according to Capital news report.
The 120 megawatt of green sustainable energy is scheduled to be completed in February 2013, and the first phase of the project, which is 30 megawatt is expected to be completed by June 2011.
The project is contracted to Vergnet Groupe by the Ethiopian Electric Power Co
| France Telecom Delays Management Takeover of ETC
August 9, 2010 -- Ethiopian Telecommunication Corporation has postponed the plan to hand over 40 percent of management to France Telecom, reports Capital. This occurred after experts from France Telecom completed a pre-assessment of the corporation last week.
The consultants arrived in June, 2010 and analyzed ETC’s structural, technical and service management. They then met with officials and went over four categories of recommendations. The CEO of France Telecom was expected to arrive here in August 11, 2010 to takeover part of ETC’s management. However,
| ETC Employees Worry Job Security as France Telecom Takes Over
July 5, 2010 -- Ethiopian Telecommunication Corporation employees are concerned the new management of France Telecom may lead to job cuts, according to Capital news report.
Seven Hundred employees gathered at the Transport Authority hall, to attend a workshop hoping their jobs would remain safe after a management shake-up, as ETC engages in a massive 1.5 billion dollar expansion of its telecom services.
Debretsion Gebre Michael, ETC board head and managing director of Information Communicati
| Ethiopia: German Company to Raise $120m for Wind Power
June 26, 2010 -- A German company, Deutsche Unternehmensfinanzierung, will raise USD 120 million for the financing of the Aysha wind farm project, reports Ethiopian Reporter. Citing company manager, Philipp Schuller, the report says the company will facilitate the financing of the pilot project of the wind farm project which will involve the installation of 60 wind turbines with an aggregate power production capacity of 60MW.
According to Philipp, the Aysha wind farm project will witness the involvement of private sector operators in the power sector, which, he said, will pave the way for securing “