| Ethio Telecom Faces Currency Shortages, Unable to Pay Debt
November 12, 2017 - Ethio Telecom disclosed that it is unable to undertake planned projects for the budget year or pay its debts due to hard currency shortages in the country, CEO Andualem Admassie (PhD) said. The Ethiopian telecom CEO announced this earlier this week while presenting a report on the company’s first quarter performance to the House of People’s Representatives (HPR).
At the session, MPs questioned Andualem why, at mere 15 percent, the company’s first-quarter capital expenditure fell far short of plan.
Andualem was straight in his response: “Yes, our expenditure is too low to achieve what we
| Orchid Business Group, Enel Green Power Win Solar Development Project in Ethiopia
October 24, 2017 - A consortium of Enel Green Power, a subsidiary of Italian power giant Enel, and Ethiopian infrastructure company Orchid Business Group has won a 100MW (AC) solar tender floated by the utility Ethiopian Electric Power (EEP). The Ethiopian government agency invited proposals in May 2016, before five firms were shortlisted for the technical and financial proposal stage. These included Fotowatio Renewable Ventures (FRV), Meridiam-Solairedirect Consortium, Enel Green Power, The Building Energy Consortium, and CCE Oasis Technology Corporation.
The firms, which will invest around US$120 million in the project, will develop, build and
| Ethiopian Airlines Becomes Paperless
September 30, 2017 - Ethiopian Airlines announced that it has fully taken paper out of its business operations. To commemorate the date Ethiopian Airlines Group CEO Tewolde Gebremariam signed the company’s last paper document approval and burnt down used papers. The Ethiopian disclosed that it has fully digitalized all its business processes like aircraft maintenance, flight operations, commercial operations, finance, human resource management, customer services, procurement, supply chain management, management approvals and authorizations by removing paper from the entire system as of September 28, 2017.
At a p
| Ethiopia, UK to Cooperate in Expanding Off–Grid Household Solar Energy
August 3, 2017 - Ethiopia and the UK signed an agreement to work the acceleration of off–grid household solar energy market. Out of Ethiopia’s 100 million population only 35 percent have access to electricity, according to Ethiopian Ministry of Water, Irrigation and electricity. The agreement, which is part of the UK’s Energy Africa campaign, was signed by Minister of Water, Irrigation and Electricity of Ethiopia H.E. Dr. Engineer Sileshi Bekele and British Ambassador to Ethiopia Susanna Moorehead.
Recently Ethiopia has embarked upon promoting Solar photovoltaics to replace fuel-based lighting and off-grid electrical needs. Ethiopia is
| INSA Reports Ethiopia Hit by 256 Cyber Attacks in Six Months
May 19, 2017 - Ethiopia was hit by 256 grand cyber attacks in the first six months this fiscal year (2016/17), according to the Information Network Security Agency (INSA) of Ethiopia, reports FBC.
Telecommunication, financial institutions and infrastructures were among the targets of the attacks, Mohammed Edris, communication head of INSA told Fana Broadcasting Corporate yesterday.
He said Ethiopia was one of the 11 African nations targeted by last Friday’s Wanna Cry ransomware cyber attack that hit 155 countries worldwide.
According to Mohammed, INSA was able to prevent the cyber attacks without causing ser
| Ethiopian IP Office to Establish Courts to Handle Disputes
April 19, 2017 - The Ethiopian Intellectual Property Office (EIPO) is getting ready to change the way it handles trademark, patent and copyright disputes, reports Capital.
Previously intellectual property disputes were resolved via a committee led by the director of EIPO. However, soon, a new tribunal court will replace the current committee, according to Capital. Trademark, patent and copyright issues will each have their own court at EIPO. If those cases are appealed they will go to the First Instance Court.
Two years ago, the Civil Service Minster ordered EIPO to establish a department to resolve intellectual property disputes but the
| CNET to Build Half Billion Birr Database Center
March 7, 2017 - CNET Software Technologies PLC, a local software company, plans to build an IT database center which will feature cloud computing, according to Capital.
The 8,000sqm center which is located at Ethio ICT village in Jemmo will feature software development and call research centers and an auditorium .
Dr. Debretsion Gebremichael, Minister of Communication and Information Technology laid the cornerstone of the center which is expected to create jobs for over 1,000 citizens.
A local contactor named JY will construct the first phase of the center in 18 months. The center is expected to consume
| Lenovo to Enter PC, Smartphone Market in Ethiopia
February 25, 2017 - Beijing-based PC and smartphone maker, Lenovo, plans to enter the nascent Ethiopian technology market, according to the Reporter.
Signing a dealership agreement with local-based Bridgetech PLC, executives of Lenovo said that the company would introduce the latest innovation to the Ethiopian consumer and enterprise markets. Marc Godin, vice president and general manager of Lenovo Middle East, Turkey and Africa, led the team that met with some 40 public and private enterprises.
Lenovo's PC and smart device business, which include tablets, have a considerable market share following merger with IBM. Spurred
| 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
| 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 November 25, 2010 with the Charities and Societies Agency License to expose, engage and enable the