Technology

Jan162020 by newbusinessethiopianewsNo Comments

Ethio Telecom harvests $670 million profit in six months

Ethio Telecom, the fully state owned telecom monopoly in Ethiopia, has ‘harvested’ 22 billion birr (about $670 million at the current exchange rate) gross profit during the first six months from July 1 to December 31, 2019. (more…)

Jan12020 by newbusinessethiopianewsNo Comments

Alibaba invites Ethiopian entrepreneurs, businesses for free training

Technology

The Chinese giant ecommerce company, Alibaba Group, is set to launch an ecommerce training program dubbed, Alibaba Netpreneur Training Program, which targeted entrepreneurs and business owners in Ethiopia. (more…)

Dec312019 by newbusinessethiopianewsNo Comments

Ethiopian student invents car using motorcycle engine

Technology

Using motorcycle engine, an Ethiopian high school student invented a vehicle that travels 40 kilometers using one liter of fuel. (more…)

Dec162019 by newbusinessethiopiaNo Comments

Tech-savvy Ethiopian youth brainstorm elections-related technology

Technology

The U.S. Embassy in Addis Ababa conducted its latest hackathon, entitled “Digital Solutions to Elections-related Technology” which aimed at brainstorming on how to develop open source technology. (more…)

Dec152019 by newbusinessethiopianewsNo Comments

Ethiopia set to launch first satellite on Friday

Technology

EtRSS1, Ethiopia’s first satellite, will be launched next week on Friday morning December 20 around 6 o'clock from China space station - some 500 kilometers from the capital Beijing. (more…)

Dec112019 by newbusinessethiopianewsNo Comments

African digital economy meeting opens in Addis Ababa

Technology

Trade and technology experts from across Africa today met in Addis Ababa, Ethiopia, for the first session of the committee on private sector, regional integration, trade, infrastructure, industry and technology organized by a UN agency. (more…)

Dec102019 by newbusinessethiopianewsNo Comments

African fashion creators get digital marketplace

Technology

The African Development Bank’s flagship initiative, Fashionomics Africa, launches launches “game changing” digital marketplace for the continent’s fashion creators. (more…)

Nov262019 by newbusinessethiopiaNo Comments

Ethiopia opens door for China’s eCommerce giant

Technology

With the aim of selling its products online, the government of Ethiopia and Alibaba’s Co-founder Jack Ma Foundation ink deal on Monday. (more…)

Nov112019 by newbusinessethiopiaNo Comments

African Linked creates community for digital citizenship passport

Technology

African Linked is set to change the narrative that surrounds the concept of global citizenship by connecting the best minds in science, technology, engineering, medicine, artificial intelligence throughout the global African Diaspora by creating one assembly through innovation and social engineering for the betterment of all. (more…)

Nov22019 by newbusinessethiopiaNo Comments

Addis Ababa to host the Africa Fintech Summit

Technology

Leading innovators, investors, and policy makers from around the world are set to gather in Addis Ababa, Ethiopia, on November 21, 2019 for the 4th edition of the Africa Fintech Summit (AFTS). (more…)

Oct162019 by newbusinessethiopiaNo Comments

EutelSat eyes introducing satellite Internet to Ethiopia

Technology

EutelSat, the French satellite broadcasting service provider, is in discussion with the Ethiopian government to provide Internet service using its new satellite that covers African market, an official of the company said. (more…)

Oct22019 by newbusinessethiopiaNo Comments

Africa advised to embrace artificial intelligence based businesses

Technology

African countries are advised to embrace artificial intelligence based new technologies including Blockchain financial technology, instead of banning because the countries don’t have regulatory frameworks in place. (more…)