Friday, March 28, 2025
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Ethiopia

Digital Transformation

Ethio Telecom Expands Cloud Solutions for Digital Transformation

Mamsi Nkosi -
Ethio Telecom, Ethiopia's leading telecommunications provider, recently launched a suite of innovative cloud-based enterprise solutions to drive digital transformation across various sectors. By introducing 7 cloud-based enterprise solutions, including IoT-powered Digital Livestock Tracking, AI-driven ERP solutions, and a next-generation Push-to-Talk/Video...
Company News

Ethiopia Inaugurates First Stock Exchange

Mamsi Nkosi -
Ethiopia has officially inaugurated its first stock exchange in almost five decades. On January 10, 2025, Prime Minister Abiy Ahmed opened the Ethiopian Securities Exchange (ESX), marking an important milestone in the country's economic progress. The country's sovereign wealth fund,...
East Africa

Safaricom Ethiopia Launches Network in Gambella City

Mamsi Nkosi -
The 2nd telecom provider in Ethiopia, Safaricom Telecommunications Ethiopia P.L.C., has formally begun offering 4G network services in Gambella and the neighboring areas. The launch event, attended by Gambella Region Chief Administrator Ms. Alemitu Umod, highlighted the transformative impact of...
Company News

NETSCOUT Report Identifies Top Targets for DDoS Attacks

Mamsi Nkosi -
 As digital services expand across East Africa, the region is facing escalating cyber risks, necessitating advanced security measures to counter these pervasive threats. Certain East African countries have been under far greater distributed denial of service (DDoS) pressure than...
Company News

Veeam Partners with East African Distributors to Expand Data Solutions

Eva Sgroi -
Axiz, a leading technology distributor in Africa, announced that it has been awarded the East Africa distribution rights for Veeam, a prominent data management solutions provider. This is a significant milestone in Axiz's commitment to Africa, which has been an integral...
Artificial Intelligence

HP and Cambridge join forces to support EdTech in Africa

Mamsi Nkosi -
In September, 25 influential African EdTech leaders will join a new fellowship program by Cambridge Partnership for Education and HP. The HP Cambridge EdTech Fellowship enhances participants' skills in leading impactful EdTech transformations in education systems. The inaugural cohort of EdTech...
East Africa

KenGen Completes Drilling Project of Seven Geothermal Wells in Ethopia

Zintle -
KenGen, a Kenyan electricity generating company, has completed a drilling project of seven geothermal wells in Ethiopia -- four of which are at the Aluto-Langano site and three of which are at Tule Moye. KenGen won an Sh7.6-billion ($65.6-million) worth...
Africa By Region

Top 10 Wealthiest African Countries According GDP in 2021

Luis Monzon -
Spanning 54 countries, Africa is a powerhouse in the world of natural resources and innovation. Resources like diamonds, sugar, gold, uranium, silver, oil, and petroleum famously make Africa and investments in Africa very lucrative. Oil being an invaluable commodity, its...
Online & Social

Ethiopia is Building Local Social Media to Rival Facebook, Twitter and WhatsApp

Luis Monzon -
Ethiopia has begun development on its own social media platforms to rival US-based social networks like Facebook, Twitter and WhatsApp. The state communications security agency said on Monday that the country does not have any plans to block the...
Company News

MTN Plans to Build New ICT Centre in Ghana

Luis Monzon -
MTN Group CEO Ralph Mupita has made a three-day visit to Ghana and launched major projects that the operator aims to achieve by 2022, Ecofin reported. It intends to improve and expand network infrastructure to bring quality telecom services to...
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Latest News

FinTechStaff Writer -

Africa’s digital payments projected to reach $1.5 trillion by 2030

Africa’s digital payments economy is on a rapid growth trajectory, projected to reach $1.5 trillion by 2030, according to...
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