Technology – New Business Ethiopia

Ethiopia to launch artificial intelligence development center

January 27, 2020January 27, 2020 newbusinessethiopianews

The Government of Ethiopia is set to establish artificial intelligence (AI) research and development center that helps startups and regulate the industry.

Ethio Telecom harvests $670 million profit in six months

January 16, 2020January 16, 2020 newbusinessethiopianews

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.

Alibaba invites Ethiopian entrepreneurs, businesses for free training

January 1, 2020January 1, 2020 newbusinessethiopianews

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.

Ethiopian student invents car using motorcycle engine

December 31, 2019December 31, 2019 newbusinessethiopianews

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

Tech-savvy Ethiopian youth brainstorm elections-related technology

December 16, 2019December 16, 2019 newbusinessethiopia

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.

Ethiopia set to launch first satellite on Friday

December 15, 2019December 15, 2019 newbusinessethiopianews

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.

African digital economy meeting opens in Addis Ababa

December 11, 2019December 11, 2019 newbusinessethiopianews

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.

African fashion creators get digital marketplace

December 10, 2019December 10, 2019 newbusinessethiopianews

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

OIL & GAS

Ethiopia reveals more info on petroleum test production

by NBE February 11, 2020February 12, 2020Comments Off

The Government of Ethiopia reveals additional information on the recent petroleum test production in the eastern part of the country, near Hilala gas discovery site in Somali Region Ogaden area.

Ethiopia begins selling its gas produce in local market

by NBE February 4, 2020February 6, 2020Comments Off

The Government of Ethiopia has began selling its gas produce in the local market. During the first six months of Ethiopia’s current fiscal calendar which started July 8, 2019, the country has used about 1,650 barrels of crude oil produced locally.

South Sudan invites international companies for oil field audit

January 10, 2020January 10, 2020Comments Off

British company finds gas reserve in Ethiopia

May 6, 2019May 6, 2019Comments Off

Ethiopia drafts petroleum policy

April 20, 2019April 20, 2019Comments Off

Ethiopia to sell Calub gas via Djibouti pipeline

February 17, 2019February 17, 2019Comments Off

TRAVEL

TOTAL Ethiopia introduces lubricant pack to tackle counterfeiting

by NBE February 21, 2020February 21, 2020Comments Off

TOTAL Ethiopia Share Company, affiliate of global integrated energy producer and provider, today introduced a new dynamic lubricant pack with innovative and premium design incorporating anti-counterfeiting features and improved labels and utility.

Airbus awards A350 fleets maintenance service to Ethiopian

by NBE February 17, 2020February 20, 2020Comments Off

Airbus, one of the largest aircraft manufacturer in the world, has given maintenance service of its latest jet Airbus A350 XWB to Ethiopian Airlines Group.