technology

Ethiopia set to launch first satellite on Friday – New Business Ethiopia

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. The remote sensing satellite of Ethiopia, manufactured in collaboration with the Chinese government and Ethiopian engineers in China is fitted with a high resolution …

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Tech-savvy Ethiopian youth brainstorm elections-related technology – New Business Ethiopia

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. Subject matter and technology experts met December 13-15, 2019 at the Colonel John C. Robinson American Center in Addis Ababa to brainstorm and generate open-source, free, …

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Ethiopian student invents car using motorcycle engine – New Business Ethiopia

Using motorcycle engine, an Ethiopian high school student invented a vehicle that travels 40 kilometers using one liter of fuel. The car Ajame Major invented has the capacity to carry four people and has 400 kilograms weight, according to the information from the Ministry of Innovation and Technology of Ethiopia. Ajame is born …

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Alibaba invites Ethiopian entrepreneurs, businesses for free training – New Business Ethiopia

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. The program is said part of the agreements signed between the Government of Ethiopia and Alibaba Group announcing the establishment of an eWTP Hub in Ethiopia last …

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Ethio Telecom harvests $670 million profit in six months – New Business Ethiopia

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. “We have harvested a total revenue of 22.04 billion birr which is 104% of the target and 32% …

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Ethiopia to launch artificial intelligence development center – New Business Ethiopia

The Government of Ethiopia is set to establish artificial intelligence (AI) research and development center that helps startups and regulate the industry. On Saturday the Council of Ministers has approved a regulation that will facilitate the establishment of AI research and development center. The regulation is expected to provide quality services, products and solutions for …

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Ethio Telecom cut Internet tariff 65 percent – New Business Ethiopia

Ethio Telecom, the state owned telecommunications services provider in Ethiopia, announces 65 percent discount on broadband Internet for corporate clients. This is announced this morning by the Chef Executive Officer of Ethio Telecom, Frehiwot Tamru, who briefed reports. She indicated that the decision has come as a result of feedback from customers and with the …

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Toshiba, Toyota secure geothermal project deal in Ethiopia – New Business Ethiopia

Renowned Japanese technology companies, Toshiba and Toyota as well as a Turkish company have secured a geothermal project deal from the Government of Ethiopia. Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced that the company, Toyota Tsusho Corporation and Turkish engineering company Egesim Energy Electro-Mechanic Construction Contracting Co., Ltd. have received an order of …

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Internet Society held conference in Addis focusing on Ethiopia – New Business Ethiopia

The Internet Society, the international institution that supports and promotes the development of the Internet as a global technical infrastructure, held its conference in Addis Ababa, Ethiopia today. It is for the first time for Ethiopia, the country known for blocking the Internet, to host the global multi-stakeholder event. The Conference, which is expected to …

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