Technology – Ethio Negari

24 May

Ethiopia to renovate Guzara palace

ethionegari@gmail.com0 CommentsArt, Business, Culture, News, Politics, TechnologyAddisAbaba, EthioNegari, Ethiopia, Gondar, Gonder, Gorgora, Guzara, Guzarapalace, Heritages, laketana, palace, palacerenovation

Guzara Palace, one of the oldest and historical sites is going to be renovated at a cost of 35.8 million birr. Guzara Palace, which is registered as a world heritage site in the central Gondar zone, started today with a budget of 35 million 800 thousand birr from federal government. Gondor city culture and tourism office expert Mr. Girmachew Mulugeta told that, the renovation work will be completed within a year. Guzara Palace is one of the oldest heritage site and located in the Tana basin. Guzara is a Geez word and It means comfortable. Documentary evidence shows that, those…

24 May

Ethiopia represented by Nine Professionals at Global ICT competition

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, China, EthioNegari, Ethiopia, Globalictcempetition, Huawei, Shenzhen

Ethiopian students heads to China to compete in the Huawei ICT competition, which will be take place from May 24 to May 28, 2023, in Shenzhen city. Following the completion of various national and regional contests, nine Ethiopian University students travelled to China to represent Ethiopia in the 7th Huawei ICT Competition 2022-2023 Global Final. Huawei prepared a farewell ceremony to motivate them before their journey. Dr Samuel Kifle, State Minister of Education, and Kaleab Mezgebu, CEO and founder of Minab ICT Solutions and Hahujobs, both attended the ceremony. During the ceremony Dr. Samuel stated that, having International experience for…

18 May

Ethiopia to build space center on Guna mountain

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, Amoragedel, Debretaboruniversity, EthioNegari, Ethiopia, Ethiopiasatelite, Spacescience, Spacescienceinethiopia

Debretabor University launched a rocket named by Emperor Tewdros for the second time. The university has announced plans, to build a space research center on Guna mountain in the vicinity of the city. On the occasion of the 154th anniversary of the martyrdom of Emperor Tewodros, Debretabor University's technology education department launched a rocket that fly more than 2 km with material in their area for the first time a year ago. The university said that they were able to launch it in a better way this year. Assistant professor of Debretabor University, Addisu Worku said that, the main purpose…

17 May

Global Digital Media Exhibition kicks off in Dubai

ethionegari@gmail.com0 CommentsBusiness, Entertainment, News, TechnologyAddisAbaba, CABSAT2023, Dubai, EthioNegari, Ethiopia, Globaldigitalmediaexhibition

The leading event in the field of broadcasting, content industry, production, distribution, digital media and entertainment is being held at the Dubai World Trade Center, in conjunction with the launch of the first edition of the "Integrity Middle East" exhibition. The Chairman of the Board of Directors of the Dubai Media Corporation, Sheikh Hasher bin Maktoum bin Juma Al Maktoum, inaugurated the 29th edition of CABSAT 2023 and the launch of the integrated Middle East edition 2023 in Dubai The two exhibitions are expected to attract audiovisual and media technology experts in the region, as well as the participation of…

16 May

South Korea grants $10 million to modernize Ethiopia’s agriculture

ethionegari@gmail.com0 CommentsBusiness, Environment, News, Politics, TechnologyAddisAbaba, Agriculture, Dairyinethiopia, EthioNegari, Ethiopia, KOICA, Milkproduction, SouthKorea

Ethiopia and Korea International Cooperation Agency (KOICA) signed a 10 million dollar aid agreement in Addis Ababa. The financial assistance agreement was signed by the Minister of State for Finance, Sumerita Sewasew, and the head of KOICA in Ethiopia, Lee Byunghwa. The financial support is to be used to modernize Ethiopian agriculture, especially to increase the productivity of milk and milk products. The Ministry of Finance announced in a statement that, the project which will increase milk productivity, will be implemented in the next six years. The project will focus on supporting farmers engaged in dairy farming and animal husbandry.…

11 May

Ethiopia’s investment shows two billion Dollar deficit

ethionegari@gmail.com0 CommentsBusiness, News, Politics, TechnologyAddisAbaba, EthioNegari, Ethiopia, Ethiopiainvestment, FDIEthiopia

Ethiopia planned to attract 4.5 billion dollars of foreign direct investment in the last nine months. According to the report submitted by the Ethiopian Investment Commission to the House of Representatives, Ethiopia received 2.7 billion dollars in foreign direct investment in the last nine months. According to the Chief Commissioner of the Investment Commission, Lelise Neme, in the last nine months, 4.5 billion dollars of FDI was planned to be attracted into the country and 2.67 billion dollars of income was achieved. The implementation of the commission achieved only 61 per cent of the plan, and the war in northern…

11 May

National Bank grants mobile money license to Safaricom Ethiopia

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, EthioNegari, Ethiopia, Mobilemoney, Mpesa, Safaricom, Safaricomethiopia

Safaricom Ethiopia has received a license from National Bank of Ethiopia to provide mobile money payment services. Safaricom Ethiopia, a telecom company that entered Ethiopia two years ago, has now received an additional license. Safaricom Ethiopia has received approval from the National Bank to provide mobile money services through Mpesa. National Bank Governor Mr Mamo Mehretu has announced that the bank has granted a mobile money service license to Safaricom, which enables it to provide digital financial services. This makes Safaricom the first foreign company to receive a license for mobile money payment services in Ethiopia, according to the National…

10 May

More than 51 investors have pulled out of Ethiopia’s industrial parks

ethionegari@gmail.com0 CommentsBusiness, News, Politics, TechnologyAddisAbaba, Corruption, easternindustryzone, EthioNegari, Ethiopia, industrypark

Several foreign investors in Ethiopia's industrial parks have left due to allegations of corruption. The Ethiopian Investment Commission presented a nine-month plan performance report to the House of Representatives, which revealed that foreign companies in various production sectors are unhappy with the fees demanded by government institutions. Members of the council reviewed the report and noted complaints from companies in the Eastern Industrial Park near Dukem City in the Oromia region. These companies have reportedly been subjected to theft, corruption, and bureaucracy, leading to more than 51 investors leaving the park. The council members also observed a lack of ownership…

10 May

Bank of Abyssinia Honored with Temenos Innovation Hero Award

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAbyssiniabank, AddisAbaba, BoA, EthioNegari, Ethiopia, ITF2023, temenosinovationaward, Vienna

Bank of Abyssinia has been named the winner of the prestigious Temenos Innovation Hero Award at the TFC2023 reception held on May 9, 2023, in Vienna. Standing out among nominated projects from across the industry, Bank of Abyssinia’s innovative and impactful banking projects impressed both the Temenos jury panel and its customers. After sharing the summary of nominated projects online, customers and partners were encouraged to vote on the most deserving project, ultimately leading to this well-deserved recognition. The Temenos Innovation Hero Award is an annual award program that recognizes organizations making a significant impact in their local communities through…

09 May

Safaricom Ethiopia appoints Ambassador Henok Tefera

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, EthioNegari, Ethiopia, Henoktefera, Safaricom, Safaricomethiopia, Telecomservices

Safaricom Telecom Company, which entered Ethiopia two years ago, has appointed a new manager. Ambassador Henok Tefera, who has been Ethiopia's ambassador to France for the past three years, has been given new responsibilities at Safaricom Ethiopia. Ambassador Heok has been appointed as the head of foreign affairs and regulator of Safaricom Ethiopia. Safaricom Ethiopia confirmed to Ethio Negari that Ambassador Henok has succeeded the former head of the organization, Matthew Harrison. Ambassador Henok Tefera served as Ethiopia's ambassador to France from 2018 to 2022. Safaricom Ethiopia is providing telecom services to more than 20 cities and will soon receive…