Addis Ababa to host the Africa Fintech Summit
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).
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EutelSat eyes introducing satellite Internet to Ethiopia
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.
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Africa advised to embrace artificial intelligence based businesses
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.
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IBA Ethiopia to facilitate creation of 100,000 jobs
A private business incubator in collaboration with government agencies is set to link 150 African innovators with potential investors, which is expected to result in creation of some 100,000 job opportunities.
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SAP to grow Ethiopian social enterprises
SAP, enterprise application software company, announced the five social enterprises that will benefit from its 2019 Social Sabbatical, to be held in Ethiopia between September and October.
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Ethio Telcom makes $830 million profit
The only telecommunications service provider in Ethiopia, Ethio Telecom says it has made a total profit of over 24 billion birr (around $830 million) before tax during Ethiopian fiscal year concluded July 07, 2019.
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Ethiopian tycoon funds bio-pesticide research
By Mekonnen Teshome – Sheikh Mohammed Al-Amoudi, the 2nd richest business person in Africa next to Aliko Dangote, funds the bio-pesticide research conducted on Phytolacca dodecandra L’Herit, a sprawling woody climber plant.
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Ethiopia, China to jointly build communications satellite
The governments of Ethiopia and China ink a deal that allows them to jointly build a communications and broadcast satellite.
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Addis to host digital disruption in agriculture forum
Addis Ababa is set to host Digital Disruption in Agriculture Forum that aims to identify digital tool and service providers from Africa and beyond to employ proven practices in Ethiopia.
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Korea provides $300 million loan to Ethiopia
The Government of Korea has provided $300 million to the Ethiopian Government for development of science and technology, and construction of bus line in Addis Ababa.
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eCommerce at center of global summit
The lack of development aid earmarked to help poorer countries build the infrastructure and skills they need to adapt to the digital economy raises profound questions that decision-makers from governments, businesses and civil society organizations will address next week at UNCTAD’s eCommerce Week.
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United States helps Ethiopian Food, Drug Administration’s digitization
The United States Agency for International Development (USAID) helps the Ministry of Health of Ethiopia to introduce cutting edge technology, which expands access to quality health services and products for all Ethiopians.
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Addis Ababa to start issuing digital ID next week
Addis Ababa, the capital of Ethiopia, is set to start issuing digital national identification card (ID) for its inhabitants next week.
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Ethiopian scientist introduces liquid fertilizer
Ethiopian scientist at Mekele University Veterinary College lecturer, Tinsay Weldegebriel, has introduced a liquid fertilizer that can be used to grow plants without soil and water.
